To make this website work, we log user data. By using Shephard's online services, you agree to our Privacy Policy, including cookie policy.

×
Open menu Search

Iranian military deepens links with auto manufacturers

19th August 2020 - 15:28 GMT | by The Shephard News Team

RSS

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.

The Shephard News Team

Author

The Shephard News Team


As part of our promise to deliver comprehensive coverage to Premium News and Defence Insight …

Read full bio

Share to

Linkedin