The defense agreement signed with Israel will make a difference if it leads to the creation of a domestic ecosystem for research and production of weapon systems in Greece.

The agreement, which has been under discussion for three years, will provide Athens with a multilayered air defense system against potential threats from Turkey and Iran.

Greece is set to sign a 3.1 billion euro ($3.6 billion) defense agreement with Israel on Monday in Tel Aviv, in a major deal that will provide Athens with its first integrated,…