Up to 12 Greek firms will account for at least 25 percent of the project following demands by Athens for domestic participation, technology transfers, and access to software source codes for autonomous maintenance.

Greek daily Kathimerini also confirmed the deal is expected on Monday.

If concluded, the transaction will surpass Israel’s $3.5 billion sale of the Arrow 3 system to Germany in 2023.

Deal proceeds amid genocide

Athens is moving ahead with the acquisition despite Israel facing deepening global isolation, international legal scrutiny, and widespread condemnation over its genocidal war in Gaza, which has killed more than 73,000 Palestinians.

The Greek acquisition also unfolds against a fractured international arms landscape, where several Western governments have moved to restrict military sales to Israel over the Gaza genocide.

Britain has suspended 30 arms export licences over international humanitarian law concerns, while Italy and Spain halted new weapons contracts post-7 October, with Madrid additionally banning arms-laden ships from its ports.

Canada and Belgium have similarly moved to restrict or halt future arms transfers, and a Dutch court blocked direct exports of F-35 parts.

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