From YNet
"Israel has asked the United States for assistance estimated at $700 million in order to produce more Iron Dome and Magic Wand missile and rocket defense batteries, sources told Ynet on Wednesday.
The Iron Dome is designed to intercept rockets fired from a relatively short range, while the Magic Wand intercepts missiles fired from a range of at least 70km, including cruise missiles and missiles with ballistic warheads such as the Squd, Shihab and Sejil."
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