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What will be the total value of Greece's defense overhaul by the end of 2025?
2
Resolution / Starting Odds
Less than $5 billion • 25%
$5 billion to $10 billion • 25%
$10 billion to $15 billion • 25%
More than $15 billion • 25%
Official announcements from the Greek government or defense expenditure reports
Story
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.
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Only Israel deal completed • 25%
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Only France deal completed • 25%
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