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Israel Signs €150M Deal to Build Cyprus Patrol Vessel

By Drooid · Oct 27, 2026, 8:02 AM UTC · How we work

Summary

Story summary

Israel's Ministry of Defense signed a €150 million agreement with Cyprus to supply an offshore patrol vessel.
Maj. Gen. (Res.) Amir Baram and Acting Permanent Secretary Stelios Kountouris signed the deal.
Israel Shipyards will build the vessel and install Rafael naval systems.
Cyprus will upgrade the patrol vessel Commodore Andreas Ioannides for patrol, surveillance and search-and-rescue missions.
Both governments said the deal strengthens Cyprus Naval Command and reaffirms regional stability.

History

Historical Context

In July 1974 Turkey launched a two-phase invasion of Cyprus, expanding its foothold from 3 % to about 37 % of the island and displacing over 150,000 people, which created the UN-monitored Green Line. Decades later Israel and Cyprus signed a €150 million deal for an offshore patrol vessel, marking a shift from the historic Greek-Turkish rivalry toward joint maritime security in the Eastern Mediterranean.

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Story summary

Israel's Ministry of Defense signed a €150 million agreement with Cyprus to supply an offshore patrol vessel.
Maj. Gen. (Res.) Amir Baram and Acting Permanent Secretary Stelios Kountouris signed the deal.
Israel Shipyards will build the vessel and install Rafael naval systems.
Cyprus will upgrade the patrol vessel Commodore Andreas Ioannides for patrol, surveillance and search-and-rescue missions.
Both governments said the deal strengthens Cyprus Naval Command and reaffirms regional stability.

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