Yes, the equipment is only trickling in. I think thye need to buy it though (discounted, perhaps), not us give it to them.
You just came up with a great idea.
The US should agree to a 15 or 20 billion dollar weapons deal with Iraq as part of a long term loan to the Iraqi government with a small rate of interest.
That way we own their asses in the future and we help save American lives in the present.