Via FLC
"... One of the senior defense officials told me this: "Minister Barak called Secretary Panetta and asked if we could take the exercise off the calendar. ... ... Barak told Panetta, according to these officials, that Israel could not pull together the resources necessary to stage the exercise successfully....Panetta, according to these Pentagon sources, was concerned that the Iranians would interpret the scrubbing of the exercise, well, the way it's currently being interpreted, as a sign of American wavering in the face of Iranian threats. He told Barak that he would not agree to a cancellation, as Barak was suggesting, but only a postponement....."
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