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10mo ago

Greece Purchases 20 F-35 Jets in Major Defense Upgrade

The $3.5 billion deal with the U.S. aims to enhance Greece's military capabilities amidst regional tensions.

FILE - A US F-35 fighter jet performs during the opening day of the Dubai Air Show, United Arab Emirates, on Nov. 13, 2023. Greece formally approved an offer to buy 20 F-35 Joint Strike Fighters from the United States as part of a major defense overhaul, government officials said on Thursday, July 25, 2024.
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Overview

  • Greece signed a letter of acceptance for 20 F-35 jets, with an option for 20 more.
  • Delivery of the aircraft is expected to begin in 2028, with a total potential deal value of $8.6 billion.
  • The purchase is part of a decade-long military overhaul following Greece's financial crisis.
  • Greece seeks to strengthen its air force capabilities, especially after Turkey's exclusion from the F-35 program.
  • The U.S. State Department approved the sale, which includes engines, communication devices, and training support.