JERUSALEM — Israeli defense firm Elbit announced today the Greece is formally acquiring the Precise and Universal Launching System (PULS) rocket artillery system in a $750 million agreement.
The deal has been expected since December of 2025 and was signed by Israel’s Ministry of Defense and the Hellenic Ministry of National Defense.
The deal is part of a number of new initiatives by Athens to modernize and expand its defense systems, including the expected investment of billions of dollars in air defense systems. Greece and Israel have become increasingly close partners in the Eastern Mediterranean in recent years.
The initial contract will take place over four years “and will include an additional ten-year period of follow-on support,” Elbit Systems noted. The additional period will include sustainment and support, Israel’s Ministry of Defense said in a separate statement.
The ministry noted that PULS is a “versatile multipurpose weapons system designed to launch rockets over various ranges. The system will provide Greece with precise and operationally proven strike capabilities.”
The deal includes the launchers as well as training rockets, precision-guided rockets and loitering munitions. The statement did not specify which types of loitering munitions were included. “The agreement will include industrial cooperation between the two countries and the production of system components by Greek defense industries,” the ministry’s statement noted.
The MoD described the contract as a “landmark defense deal during wartime,” a reference to the ongoing Israel and US conflict with Iran, as well as Israel’s operations in Lebanon against Hezbollah.
“This agreement, concluded following my visit to Athens and discussions with my Greek counterpart on advancing a series of strategic initiatives between our nations — including the expansion of defense cooperation and defense deals — reflects the deepening of the strategic security partnership between Israel and Greece and the profound confidence in the capabilities of the Israeli defense establishment,” Israel’s Defense Minister Israel Katz said in the statement distributed by Israel’s Ministry of Defense.
The deal illustrates confidence in Israel’s defense capabilities, Director General of the Israeli Ministry of Defense Amir Baram noted. “Signing a landmark defense agreement in the midst of an unprecedented war against Iran demonstrates, more than anything else, the technological prowess of Israel and our ability to assist close allies even while engaged in combat,” he added. “Israel’s defense exports support the Ministry’s strategy — through them, we expand Israeli munitions independence further and can invest greater resources in developing the next breakthroughs,” he noted, in the ministry’s statement.
The Israel-Greece partnership has become a “strategic alliance,” said Yair Kulas, the director of Israel’s International Defense Cooperation Directorate of the Israel Ministry of Defense (SIBAT), according to the ministry’s statement. “This achievement is made even more significant through the contribution of local industries from both our nations.”
CEO of Elbit Systems Bezhalel Machlis noted that Elbit has long experience in cooperation with Greece. Although he didn’t specify past Elbit contracts and cooperation with Greek armed forces, one of the main projects Elbit has been engaged in with Athens is the establishment and operation of an international flight training center for the Hellenic Air Force.
“Greece joins additional NATO countries that have selected the PULS system, underscoring its growing reputation as a highly effective and versatile solution for modern artillery requirements in Europe and beyond,” Machlis said. In 2025 Elbit noted that its PULS system had been selected by Germany, the Netherlands and Denmark. Elbit and KNDS also announced an initiative to market PULS in Europe via a joint venture called EuroPULS in March 2026.
In the ministry’s statement about the deal, Israel’s Defense Minister was quoted saying that “Israel’s defense industries, including Elbit, stand at the forefront of global technology.” He also noted that Israel has expanded production and output capacity during the recent conflicts. “This is a testament to our advanced technological capabilities and the high demand for Israeli systems in the global market. I am confident that this agreement will further strengthen the strategic defense cooperation between Israel and Greece — a partnership that stands at its highest point today,” he added.
The deal for PULS was announced at a ceremony at the Hellenic Ministry of National Defense in Athens. Kulas attended on behalf of Israel, while Greece’s Maj. Gen. Ioannis Bouras, director of the General Directorate for Defense Investments and Armaments (GDDIA) of the Hellenic Ministry of National Defense, represented Athens. Yehuda Udi Vardi, Executive Vice President and General Manager of Elbit Systems Land, was also at the ceremony, Israel’s Ministry of Defense noted.
Elbit added in its statement that PULS is a “cost-effective solution capable of launching unguided rockets, precision-guided munitions, and missiles with various ranges. The launcher is fully adaptable to existing wheeled and tracked platforms, enabling significant reductions in maintenance and training costs.” It also noted that “in accordance with the policy of the Greek government, Elbit Systems will collaborate with local Greek industries for the production of the system, including technology transfer and sharing of know‑how.”