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Greece is reported to be planning to buy the Lora ballistic missile system from Israel and to co-produce it on Greek soil. The claim was made by the website Nemesishd.gr, which said the missiles are among the topics under discussion in military cooperation talks between the two countries. The Lora system was developed by Israel Aerospace Industries (IAI).

Producing the weapons jointly is said to be part of the plans of Greece's Defense Ministry and general staff. Once the negotiations conclude, the talks are expected to settle the price of the Lora systems and pave the way for Greece to move ahead with a purchase.

The report noted that the German navy successfully test-fired the Israeli-made Lora system in the North Atlantic in September. The weapon is classified as a short-range ballistic missile and is said to have a range of more than 500 kilometers. Greece and Israel signed a roughly 3 billion euro weapons deal, dubbed the "Achilles Shield," in Tel Aviv in August.

Key Takeaways

• Greece reportedly seeks to buy and jointly produce Israel's Lora ballistic missile system
• The Lora, made by Israel Aerospace Industries, has a range exceeding 500 km
• The two countries signed a roughly 3 billion euro arms agreement in August