America has already given Israel more military equipment than most of the worlds largest nations have, and it is more up to date as well. More weapons in Israel are meaningless and change nothing. Hizbollah has still spanked the IDF in 2000 and 2006 and Israel cannot even end the bottle rocket campaign from Hamas. It isn't weapons that Israel lacks. It is an intelligent strategy to move into the future.
Ofir Akunis officially replaces Danny Danon as minister of science, technology, and space (Haaretz)
from the article: U.S. to store $800m in military gear in Israel