I've actually seen a Sa'ar 5 up close, but armament isn't everything, the LCS's are considerably faster, also they have more range (Don't forget that while the purpose is relatively similar, the Sa'ar 5 Corvettes are really made for protecting the Israeli coast in the Med while the LCS's are made for the much larger US coasts)
Oh, BTW, USS Independence (LCS-2) isn't so far from completion either
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