Herald and Weekly Times, Assault helicopters, F-16 fighter planes and tanks are all available at knock-down prices in an end-of-year sale being staged by the Israeli army, the Yediot Aharonot daily reported today.

The defence ministry has released a catalogue of military hardware which has been taken out of service and is deemed surplus to requirements.

Although prices are not published in the catalogue, the guide makes it clear that the starting price for even the smallest item is $US50,000 ($A67,439).

The annual sale is expected to be worth some $US100 million ($A134.88 million) to the army which is facing major budget restraints amid the continuing economic downturn in Israel.

Any would-be purchasers must first prove that they have no connection with organisations hostile to Israel.

Sales of weapons systems produced in the US must also be approved by Washington to ensure that they do not fall into “enemy hands”.