Greece is set to present an ambitious defense modernization program in the coming weeks, aiming to enhance the operational capabilities of its armed forces and strengthen its deterrent posture in the region.
Prime Minister Kyriakos Mitsotakis and Defense Minister Nikos Dendias are expected to formally unveil the program during a parliamentary plenary session after March 4, emphasizing its significance for national security and its broader value to Greek society.
The initiative will prioritize a multilayered air defense system, dubbed “Achilles Shield,” which integrates anti-drone, anti-aircraft and anti-ballistic missile technologies. The project, estimated to cost €2.8 billion, includes procurement of high-, medium- and short-range surface-to-air missile systems (HSAM, MSAM) alongside a sophisticated radar network to detect and categorize airborne threats. It will also feature underwater surveillance sensors to enhance maritime situational awareness.
Achilles Shield reflects Greece’s strategic response to the rising threat of unmanned aerial vehicles (UAVs) and ballistic missiles in the region. Defense officials have underscored the criticality of a modern air defense infrastructure as the backbone of broader military investments.
A secondary focus of the program is the modernization of infantry equipment, specifically a next-generation soldier kit, with an allocated budget of €200 million. This initiative not only upgrades ground forces but also bolsters the domestic defense industry.
Additionally, the program emphasizes the acquisition of multiple launch rocket systems, inspired by the battlefield success of similar systems in Ukraine. Greece is in advanced negotiations to procure 36 PULS launchers from Israeli defense contractor Elbit Systems, with deliveries planned in two phases of 18 units each.
The Hellenic Navy’s modernization also features prominently, with €300 million allocated for upgrading four MEKO-class frigates and €350 million for enhancing seven Vosper missile boats. Negotiations with France for a fourth Belharra-class frigate and associated strategic weaponry are also nearing completion. Longer-term plans include the potential participation in the US Navy’s Constellation-class frigate program and a new submarine construction initiative.
Over the next 12 years, Greece’s long-term defense budget is projected at €25-28 billion, underscoring the country’s commitment to maintaining a robust deterrence posture in a rapidly evolving security environment.