Israel، Greece to construct marine radar system on Crete
Wednesday 20/March/2019 - 09:58 AM
Netanyahu meets Greek PM
Israel and Greece، as well as Cyprus، have been strengthening military and economic cooperation، including the planned construction of an East Med marine radar system with the estimated cost of $8 billion، Ma'an News Agency reported.
According to Greek news outlets، the Long Horizon marine radar system will be built by Israel and Greece، in eastern Crete.
Sources said that the enhanced coverage of the new surface radar will allow both countries to monitor the Eastern Mediterranean basin.
The cost of the project was disclosed، however، sources added that it is “not insignificant،” especially taking into account Greece’s reduced military budget.
Hebrew-language news outlets also reported that Israel and Cyprus also have numerous shared regional interests، including the security situation in Syria and Lebanon.
Israel and Cyprus have large gas reserves in their territorial waters and a desire to export gas to Europe in cooperation with Greece، an important strategic gateway to the continent.