Thousands of rockets have been fired since the latest conflict between Israel and Hamas erupted on July 8th.
And the Islamist group is reportedly keen to replenish its depleted stockpiles.
According to the British daily The Telegraph, Hamas militants are attempting to negotiate a new arms deal with North Korea for missiles and communication equipment that will help them continue with their offensive against Israel.
The daily, quoting a senior security official, reported that the deal was worth hundreds of thousands of dollars.
It added that Hamas is now waiting for delivery after it made an initial cash down-payment via a Lebanon-based trading company.
The arms deal wouldn't be the first of its kind between the two.
In 2009, a freighter carrying 35 tons of North Korean arms was seized in Bangkok, which was, according to western sources, heading to clients such as Hezbollah and Hamas.
Meanwhile, Israeli military commanders also believe North Korean experts have given Hamas advice on building their extensive tunnel networks in Gaza.
They believe North Korea, which is believed to have one of the world's most sophisticated network of tunnels running beneath the demilitarized zone with South Korea, has helped Hamas improve their own tunnel network.
Sohn Jung-in, Arirang News.