20 Apr Israel Greece sign Defence Deal
Posted at 20 Apr 2021 in Current Affairs 0 Comments
(GS PAPER-2, BILATERAL RELATIONS
SOURCE- THE HINDU)
Recently Israel and Greece have signed their biggest-ever defence procurement deal. The agreement has amounted to 1.65 billion USD. This deal will strengthen economic and political ties between both countries.
Important points of Agreements:
- According to the agreement, a training centre will be open for the operation of the Hellenic Air Force (the Air Force of Greece) is to be established by the Israeli Defence Contractor Elbit Systems for a period of twenty-two years.
- The training centre will be modelled on the flight academy situated in Israel.
- The centre is to be equipped with ten M-346 training aircraft. All aircraft were produced by Italy’s Leonardo.
- Under the agreement, Elbit of Israel will supply kits to operate and upgrade T-6 aircraft of Greece.