Israel To Sell Anti-tank Missiles To Greece In $400 Million Deal

Israel has signed a $400 million deal to sell Spike anti-tank missiles to Greece, Israel's Defense Ministry said on Monday.

The Spike is a guided anti-tank missile used by many EU and NATO countries produced by Israeli state-owned defense contractor Rafael.

Rafael CEO Yoav Har-Even said; "The Spike missiles will strengthen the Greek army's portfolio of operational tools and we expect further expansion through strategic collaborations in the near future."

Israel's defense minister said the agreement reinforces ties between the countries.

This comes just days after reaching a similarly sized deal to provide air defenses to newly inducted NATO member Finland.

Last week Israel and Rafael said they would provide the advanced air-defense system David's Sling to Finland, after it officially joined NATO.

Finland will receive the defense system designed to intercept ballistic and cruise missiles in a 316 million euro ($345 million) deal.