Economy

Greece Strengthens Naval Defense with Historic Purchase of French Exocet Missiles

Greece and France Seal Deal on Exocet Anti-Ship Missiles

In a significant move to bolster its naval defenses, Greece has finalized an agreement with France to acquire 16 Exocet anti-ship missiles. The deal was announced by Greek Defence Minister Nikos Dendias during a press conference on Monday, marking a pivotal moment in the two nations' military cooperation.

The procurement, whose exact value remains undisclosed, is seen as a critical enhancement to Greece's defense arsenal amidst rising regional tensions. This acquisition is a direct outcome of the 2021 Franco-Greek defense agreement, which not only facilitates mutual arms deals but also includes a mutual defense clause, further solidifying the strategic partnership between the two countries.

French Armed Forces Minister Sebastien Lecornu's official visit to Athens served as the backdrop for the signing ceremony, underscoring the growing military ties and shared security interests that bind Greece and France in an increasingly volatile geopolitical landscape.