Israel Shipyards building 3 patrol boats to protect Athens Olympics

Israel Shipyards: The Greek project is our largest project ever undertaken.

Israel Shipyards to displayed the first of three patrol boats it is building to protect the Olympic Games in Athens next summer.

The first patrol boat will be delivered to Greece this week, the second in February, and the third in April. Two of the patrol boat are being built in Israel and the third in Greece under the supervision of Israel Shipyards. The deal is worth $100 million altogether.

Israel Shipyards said it had hired over 100 workers to meet the project deadline. Israel Shipyards beat some of the world's leading shipyards for the project, after demonstrating the missile frigates it had built for the Israel Navy.

Israel Shipyards says the Greek project is the largest it has ever undertaken. The patrol boats will improve the Greek coast guard's ability to deal with terrorist threats from the sea.

The patrol boats are being built using technologies and structures similar to Israel's missile frigates.

Published by Globes [online] - - on December 15, 2003

View comments in rows
Update by email about comments talkback
Your name
Please insert your name
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments
Twitter Facebook Linkedin RSS Newsletters גלובס Capital  Markets Conference 2017