David's Sling

Globes has learned that the mega-deal to sell Israeli air defense systems to Greece for approximately $3.6 billion is expected to be signed on Monday. The approval of this defense contract will mark one of the largest achievements in the history of the Ministry of Defense.

Athens is expected to approve this week the purchase of three Israeli systems as part of the "Achilles Shield" program. Despite the reduction in the original amount, this is the second-largest deal for Israeli defense exports, and now eyes are on customers in the Asia-Pacific region in the shadow of the threat from China. Meanwhile, optimism is not reaching the stocks.