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Source: http://www.csis.org/media/csis/pubs/060817_isr_hez_lessons.pdf
Preliminary Lessons of the Israeli-Hizballah War
[Center for Strategic and International Studies] Anthony H. Cordesman - Israel retains its conventional superiority or edge against the regular military forces of its Arab neighbors and particularly against the only meaningful threat on its borders: Syria. It has made massive improvements in its forces since 1982, adapting the most modern technology and tactics available to the U.S. to its own technology and tactics, and retaining a nuclear monopoly. In the Israeli-Hizballah War, its casualties were probably 1/8th those of Hizballah.