Iranian military deepens links with auto manufacturers
Iranian companies with close ties to the military will work more closely with local vehicle manufacturers in future, defence minister Brig Gen Hatami has declared.
In remarks reported by state-run media to mark National Defence Industry Day on 16 August, Hatami claimed that contracts worth more than IRR40 trillion ($950 million) have already been signed.
‘The Islamic Republic President Hassan Rouhani has ordered the Ministry of Defence to have an active role in Iran's vehicle industry,’ Hatami added.
MoD-backed companies are active in the production of automobile parts, although Hatami denied that the ministry will branch out directly into vehicle production.
He added that Iran is looking to export defence materiel, after the UN Security Council voted on 14 August not to extend an international arms embargo on the country.
Hatami repeated the claim, often made by the government, that Iran is more than 90% self-sufficient in terms of defence equipment production, adding: ‘Iran will use all capacities in the world to meet its arms requirements, selling and exporting weapons after sanctions removal.’
As part of our promise to deliver comprehensive coverage to our Defence Insight and Premium News subscribers, our curated defence news content provides the latest industry updates, contract awards and programme milestones.
More from Defence Notes
-
US lawmakers warn that “more military spending is absolutely necessary” to ensure Pentagon’s readiness
The US Congress has raised concerns about how inflation rates and cuts in main acquisition programmes could affect the US military.
-
Can the US overcome Russian and Chinese nuclear capabilities?
Washington’s ageing inventory and the pace Moscow and Beijing have been modernising their capabilities put in check the US Nuclear deterrence.
-
US FY2024 funding package passes as China closes military capability gap
The Pentagon has been operating under temporary funding since October 2023, which has impacted its main acquisition and development programmes, increasing the capability gap between the US and China.
-
NATO outlines future challenges as Ukrainian funding from US stalls
In 2023, defence spending increased by an unprecedented 11% across European NATO countries and Canada. Since 2014, the group has spent an additional US$600 billion on defence.
-
US Pentagon to reduce investments in main acquisition programmes over FY2025
The DoD requested nearly US$850 billion to fund operations over the next fiscal year. Despite the amount being 1% higher than the FY2024 budget request, it has not covered the 3% inflation rate, which could impact the DoD’s main programmes in the medium and long term.