Israel signs major defense deal with Greece
Israel signs major defense deal with Greece In the $1.65 billion deal, Elbit Systems will set up an International Flight Training Center for the Hellenic Air Force. Israel has signed a defense deal with Greece worth NIS 5.4 billion ($1.65 billion). The Israeli Ministry of Defense, through Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT), will set up an International Flight Training Center for the Hellenic Air Force, on the model of the Israel Air Force flying school. Under the agreement, Elbit Systems will supply new M-346 training aircraft and will maintain the entire training fleet, comprising...