Israel signs $400 mln deal to sell Greece anti-tank missiles

Israel signed a 1.44 billion shekel ($400 million) deal to sell Spike anti-tank missiles to Greece, Israel's Defense Ministry said on Monday, just days after reaching a similar-sized deal to provide air defenses to newly-inducted NATO member Finland.

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

"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," said Rafael CEO Yoav Har-Even.

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

Last week Israel and Rafael said they would provide the advanced air-defense system David's Sling to Finland, after it officially joined the North Atlantic Treaty Organization on April 4.