The emerging deal is part of an ambitious 10-year Greek plan to modernize the country's military capabilities.
Greece is negotiating with Israel to develop a 2 billion euro ($2.11 billion) anti-aircraft and missile defense similar to Israel’s highly successful Iron Dome, according to Israeli and Greek officials.
The talks, which were first reported by Reuters last week, come as multiple countries around the world have voiced interest in purchasing the Israeli missile defense system, which has won international accolades for its performance during Israel’s war against Hamas in Gaza and Hezbollah in Lebanon.
Greece currently uses U.S. Patriot and old Russian S-300 systems to defend its airspace.