Greece to Purchase Switchblade Drones from U.S. in Multi-Billion Dollar Plan - AeroVironment, Inc. to Provide
In a bold move to enhance its military capabilities, Greece is set to acquire Switchblade drones from the United States as part of a comprehensive 10-year purchasing plan. The plan also includes the procurement of new F-35 fighter jets from the U.S. and frigates from France, signaling Greece's commitment to strengthening its armed forces.
The Switchblade drone, manufactured by AeroVironment, Inc. (NASDAQ:), is a cutting-edge weapon that flies to a target and detonates upon impact. Its effectiveness has been demonstrated by the Ukrainian military in striking Russian troops, making it a valuable asset for Greece in its defense strategy.
According to sources familiar with the matter, Greece has chosen the Switchblade drone type from the U.S., with plans to acquire a yet undisclosed number of units. The cost of the procurement is estimated to be 75.2 million euros, with options for two different types of Switchblade drones with varying ranges.
The acquisition of Switchblade drones will complement Greece's existing arsenal, which includes Spike anti-tank missiles purchased from Israel. Additionally, Greece is planning to develop its own drone and anti-drone systems, further bolstering its defense capabilities.
The decision to purchase Switchblade drones will need to be approved by Greece's top decision-making body on foreign affairs and defense matters, KYSEA. This move comes at a time when tensions between Greece and Turkey, both NATO allies, are high due to various geopolitical issues in the region.
In conclusion, Greece's decision to acquire Switchblade drones underscores its commitment to enhancing its military capabilities and strengthening its defense posture. The procurement of advanced weaponry like the Switchblade drone will play a crucial role in safeguarding Greece's national security interests and deterring potential threats. As geopolitical tensions continue to rise in the region, Greece's investment in cutting-edge military technology is a strategic move that will have far-reaching implications for its defense strategy and regional stability.