Story perspectives

Elbit Systems Wins $750M Greek Defense Contract Amid Tensions

4/6/2026

Summary

Story summary

Elbit Systems Ltd. secured a $750 million contract to supply Greece's Hellenic Armed Forces with the Precise & Universal Launching System (PULS) artillery rocket systems.
The deal, finalized on April 6, 2026, covers 36 launchers and a munitions package with production involving local Greek industries.
It is part of broader Israel-Greece defense cooperation amid rising tensions with Turkey.
The contract spans four years, followed by ten years of maintenance support.

History

Historical Context

In 2020, Israel and Greece formalized a defense cooperation agreement, enhancing military collaboration amid rising tensions with Turkey. This partnership, rooted in joint military exercises since 2010, has seen Elbit Systems Ltd. secure contracts worth $750 million, including artillery systems for Greece. The alliance aims to bolster Greece's defense capabilities and promote regional stability in the Eastern Mediterranean.

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Story summary

Elbit Systems Ltd. secured a $750 million contract to supply Greece's Hellenic Armed Forces with the Precise & Universal Launching System (PULS) artillery rocket systems.
The deal, finalized on April 6, 2026, covers 36 launchers and a munitions package with production involving local Greek industries.
It is part of broader Israel-Greece defense cooperation amid rising tensions with Turkey.
The contract spans four years, followed by ten years of maintenance support.

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