(Photo Credit: Elbit Systems)
By: JNS - January 5, 2020
Greece has approved Israel’s bid for a 20-year, $1.68 billion defense contract for the establishment of a flight school for the Hellenic Air Force, Israel’s Defense Ministry announced on Monday. The defense procurement agreement, the signing of which now depends on negotiations with the Greek Defense Ministry, will be the largest ever between the two countries.
The agreement is a “long-term partnership” that “reflects the excellent and developing relations we have with Greece,” said Israel Defense Minister Benny Gantz, who added that it would create hundreds of jobs in both countries and “promote stability” in the Mediterranean.
Read More: JNS