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Iranian minister predicts booming defense industry next year

'We decided, to showcase a part of Iranian defensive and technological advances on the 40th anniversary of Iran's Islamic Revolution in order to confront the shop-worn strategy of enemies,' Brigadier General Amir Hatami said at a meeting with senior directors of Iran's Defense Ministry.

He said that the display of defense achievements, including all-Iranian fighters of Kowsar, Toofan armored vehicle, Fateh submarines, and Hoveizeh cruise missile that were all the result of Iranian experts a new wave of hope arose in the society.

The Iranian minister also noted that the current defense industry of the country is not comparable to those imported and dependent industries.

With overflow of defense know-how, many other non-defense problems and deficiencies would be resolved, he said adding that the Iranian technicians and experts of the defense sector are increasingly called on to cooperate with the auto making industry.

Hatami also emphasized that the country would not succumb to the sanctions being imposed by the US on Iran when President Donald Trump unilaterally withdrew out of the nuclear deal in May 2018.

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