Israel to buy new missiles, refueling planes from US

The US Defense Department is expected to finalize a $10 billion arms deal with Israel, Saudi Arabia and the United Arab Emirates next week that will provide missiles, warplanes and troop transports to help the Mideast countries counter any future threat from Iran, the New York Times reported Friday.

The arms deal will be the centerpiece of Defense Secretary Chuck Hagel's visit the countries next week, according to a US official.

The agreement with Israel is expected to be finalized during a meeting between Hagel and Defense Minister Moshe Ya'alon.

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