Israel and Greece sign roughly $750 million PULS rocket artillery agreement
The Facts
- Israel and Greece signed an agreement for the supply of PULS rocket artillery systems to the Hellenic Armed Forces.
- The deal is valued at approximately $750 million, or about €650 million.
- Elbit Systems is the company supplying the PULS systems under the agreement.
- The agreement was signed in Athens.
- The arrangement is a government-to-government deal between the Israeli Ministry of Defense and the Hellenic Ministry of National Defense.
- The contract will be carried out over four years.
- The agreement includes an additional 10 years of support and maintenance after the initial contract period.
- The package includes PULS launchers and munitions.
Context
What is being supplied under the agreement?
Elbit Systems is supplying PULS rocket artillery systems, including launchers and a munitions package. Multiple reports say the package includes rockets, with some specifying training rockets, precision-guided rockets for different ranges, and loitering munitions Jerusalem Post,NASDAQ Stock Market,Defence Blog.
How is the deal structured?
The procurement was finalized as a government-to-government agreement between the Israeli Ministry of Defense and the Hellenic Ministry of National Defense, with Elbit Systems acting as the contractor and supplier Jerusalem Post,NASDAQ Stock Market,Arutz Sheva Israel ….
How long will the agreement last?
The initial contract period is four years, and it is followed by an additional 10 years of support and maintenance services ANSA.it,Jerusalem Post,ynetnews.
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