USA approved to grant 400 M1A1 Abrams to Greece
Yay, EU bailout money! Or how else is Greece going to pay for this?
According to information of the ‘Hellenic Defence & Technology’ magazine, the U.S. authorities approved to grant 400 M1A1 Abrams tanks to the Greek Army, which will include options between simple refurbishment – worth tens of millions dollars for all the tanks- and upgrading to a higher level of operational capability, with a higher corresponding cost. The relative Letter of Offer and Acceptance (LOA) is expected soon.
Also according to exclusive information of the ‘Hellenic Defence & Technology’ magazine, a Price and Availability letter was sent to U.S. authorities regarding 20 AAV7A1 and a low cost upgrade program for them. This is the first step to cover an operational requirement for 75-100 vehicles.