The military says it found 40 long-range M-302 rockets aboard the Panamanian-flagged Klos-C it intercepted in the Red Sea last week, as well as 181 122mm mortar shells and approximately 400,000 7.62-calibre rounds.
The arsenal will be put on show at a news conference in the southern port city of Eilat at 1430 GMT by Israeli Prime Minister Benjamin Netanyahu, Defence Minister Moshe Yaalon and navy chief Vice Admiral Ram Rutberg.