Iran’s Annual Arms Exports Total $1 Billion

November 13, 2023


Tasnim News Agency

Iran's Deputy Defense Minister Mahdi Farahi said that his country's arms exports totaled about $1 billion in the year ending March 2023. Defense Minister Mohammad Reza Ashtiani had said in June that exports of items developed by Iran's Ministry of Defense and Armed Forces Logistics (MODAFL) had tripled in the Iranian calendar year ending in March, compared to earlier years.