Iran signs arms deal with Russia for MANPADs worth €500 million

Iran has finalized a 500 million Euro arms deal with Russia for the acquisition of advanced shoulder-fired missiles, including 500 Verba launch units and 2,500 9M336 missiles, to bolster its air defenses following significant losses from Israeli airstrikes. The agreement, negotiated by Rosoboronexport and Iran’s Defense Ministry, is set for delivery in three phases from 2027 to 2029, with potential early shipments. This deal reflects Russia’s intent to strengthen ties with Iran amid ongoing regional tensions.

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