Greece launches EUR 25 billion defence plan with F-35 jets and Achilles Shield air defence project

The “Achilles Shield” is set to offer anti-aircraft, anti-ballistic, anti-ship, anti-submarine, and anti-drone capabilities by integrating existing assets like the Patriot missile system with forthcoming advanced weaponry. This strategic enhancement aims to bolster Greece’s defensive posture amid regional tensions.​

A significant component of this modernisation is the acquisition of 20 F-35 Lightning II fighter jets from the United States, formalised through a Letter of Offer and Acceptance signed on 25 July 2024. The agreement includes an option for an additional 20 aircraft, underscoring Greece’s commitment to enhancing its air combat capabilities. ​

Defence Minister Nikos Dendias highlighted the transformative nature of this procurement, stating, “We are building a powerful military force by purchasing the most advanced fighter jet in the world.” The F-35s are expected to significantly augment the Hellenic Air Force’s operational effectiveness and interoperability with NATO allies. ​

Deliveries of the F-35s are scheduled to commence in 2028, with the first four aircraft remaining in the U.S. until 2030 for pilot training purposes. The entire fleet is anticipated to be operational by 2033, stationed at the Andravida Air Base, which currently hosts Greece’s F-4 Phantom II aircraft. ​

In addition to air force enhancements, the defence plan encompasses significant naval investments, including the procurement of new frigates and submarines, as well as the upgrade of existing Type 214 submarines. These efforts reflect Greece’s dedication to maintaining a robust and modern military force capable of addressing contemporary security challenges.​

This extensive modernisation initiative aligns with Greece’s strategy to achieve greater strategic autonomy within the European Union framework. By allocating over 3% of its GDP to defence expenditures and ensuring substantial participation of the domestic defence industry in procurement programs, Greece aims to strengthen both its national security and its role within the EU’s collective defence posture.