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Source: http://www.jpost.com/servlet/Satellite?cid=1233304645674&pagename=JPost%2FJPArticle%2FShowFull
Israel Navy Eyes Purchasing Advanced U.S. Warship
[Jerusalem Post] Yaakov Katz - In July, the IDF - seeking to upgrade its sea-based capabilities - received permission from the Pentagon to purchase a Littoral Combat Ship (LCS), under development by Lockheed Martin and General Dynamics. Designed for speed, maneuverability and amphibious operations, the LCS was built to operate in shallow waters along coasts and in depths where there are combined threats from land and sea. However, since its price reportedly reaches $500 million, the navy is also considering purchasing more Sa'ar 5-class missile ships instead.