Planned Agreement for Naval Vessels between Israel and Cyprus
October 20, 2026
Negotiations are advanced for a 150 million euro agreement between Israeli defense companies and Cyprus for the supply of naval vessels with advanced weapon systems. The agreement is expected to be signed soon and aims to strengthen the defense cooperation between the two countries. Israel Shipyards will supply the vessels, building on previous contracts. This agreement highlights the strategic prospects of Israeli-Cypriot cooperation in the Eastern Mediterranean region. Cyprus continues to enhance its defense architecture with Israeli systems.