Rumors that the deal with Rafael to buy 8,000 Spike missiles was cancelled first surfaced in November.
With increased threats posed by Iran, the advanced fighter jets are expected to give Israel complete air superiority in the region for the next 40 years.
The company will supply equipment for meeting the operational needs of an entire army in an African country.
Weapons manufacturer report says it won't sell its guns to active war zones.
The IDF's Namer and Eitan vehicles will be fitted with new weaponry.
Israeli defense exports to Europe totaled $1.8 billion in 2016, out of Israel's total of $6.5 billion in defense exports.
Rafael Advanced Defense Systems says the missile is designed for use against new modern targets with a low signature and time-sensitive characteristics.
Contract for MR-SAM missile defense system, yet to be signed, is worth $2.5 billion.
Defense company declines to comment whether Spike has been purchased.
Weapons amnesty leads civilians to hand over arsenal of arms, IDF officer tells Post.