ECONOMY

New security systems at Piraeus and 11 other Greek ports…

US, British and Israeli companies yesterday were reported to have expressed interest in a tender for the installation of new security systems at Piraeus (photo) and 11 other Greek ports, in addition to initial Russian interest. The list includes US-based Lockheed Martin, Raytheon, General Dynamics and General Electric, and the UK’s Cinetic and British Aerospace. The project will have a 10 year duration and is budgeted at 400-million euros.