Quote:Israeli Prime Minister Ehud Olmert has confirmed that the United States is planning a significant increase in military and defence aid to Israel.
The package would reportedly amount to more than $30bn (£14.8bn) over the next 10 years.
Mr Olmert described it as an important element for the security of Israel.
Washington is reportedly preparing a package of major arms sales to Saudi Arabia and other Gulf states because of concerns over Iran's nuclear programme.
US defence aid to Israel currently stands at $2.4bn a year - the new package would amount to a 25% increase.
http://news.bbc.co.uk/2/hi/middle_east/6920988.stm