Greece Signs $3.5 Billion Deal with Lockheed Martin for 20 F-35s, Option for 20 More

Jul 26, 2024, 03:19 PM

Greece has signed a Foreign Military Sales Letter of Offer and Acceptance with the US Department of Defense to procure 20 F-35A Joint Strike Fighters from Lockheed Martin, making it the 19th country to join the F-35 program. The contract, valued at $3.5 billion, includes an option for Greece to purchase an additional 20 multirole combat aircraft, potentially increasing the total deal value to $8.5 billion. The first batch of these fifth-generation jets is expected to be delivered in 2028. This acquisition is part of Greece's broader defense overhaul.