As Prime Minister Benjamin Netanyahu was in Washington this week absorbing the full wrath of the Obama administration, the Pentagon and Israel’s defense establishment were in the process of sealing a large arms deal.According to the deal, Israel will purchase three new Hercules C-130J airplanes. The deal for the three aircrafts, designed by Lockheed Martin, is worth roughly a quarter billion dollars. Each aircraft costs $70 million. The aircrafts were manufactured specifically for Israeli needs, and include a large number of systems produced by Israel’s defense industry. The deal will be covered by American foreign assistance funds. The Pentagon will issue a formal announcement on the matter on Thursday evening. America and Israel have still not reached an agreement regarding the purchase of the Lockheed F-35 war plane. It is still not clear when that deal, which is estimated to be worth more than $3 billion, will finally be sealed and carried out. If that deal is signed in the near future, Israel will likely receive its first F-35 in 2014.