Report: Iran Supplied Most of Hezbollah's $157 Million in Weapons in 2024
Report: Iran Supplied Most of Hezbollah's $157 Million in Weapons in 2024

World

Report: Iran Supplied Most of Hezbollah’s $157 Million in Weapons in 2024

A new report from the Israeli nonprofit CENTEF finds Hezbollah received $157 million in weapons in 2024, with Iran supplying about $129 million of it for free.

Hezbollah received $157 million worth of weapons in 2024, with the vast majority supplied free of charge by Iran, according to a new report from the Israeli nonprofit Center for Research of Terror Financing (CENTEF).

The report, titled “Hezbollah Financial Statements,” draws on open-source data and known valuations of Hezbollah’s military assets, according to the Jerusalem Post. It found that Hezbollah itself spent only $28 million procuring weapons last year, limited to small arms, ammunition, drone components, dual-use equipment and gear obtained through its international procurement networks.

Iran, by contrast, provided roughly $129 million worth of weapons as an in-kind grant, according to CENTEF. That assistance included rockets, missiles, drones, anti-tank guided missiles, air-defense systems, ammunition, launchers, naval equipment and IED-related materials.

Rockets and Rocket Costs

CENTEF’s analysis found Hezbollah acquired 4,000 short-range Katyusha rockets, 400 Falaq-1 and 2 rockets, and 120 Burkan rockets in 2024. The short-range rockets are estimated to cost $300 per unit, while the Burkan rockets run about $400 each.

The report also detailed more advanced weaponry, including Iran’s Fajr series and Syrian-origin heavy rockets. The Fajr-3 is a 240mm artillery rocket carrying a 45-kilogram warhead, while the Fajr-5 is a 333mm rocket that includes a GPS-guided variant known as the Fajr-5C, according to the Post. These rockets are estimated to cost between $2,000 and $10,000, and CENTEF estimates Hezbollah obtained 600 of them in 2024.

Anti-Tank Missiles

Anti-tank guided missiles make up a major share of Hezbollah’s arsenal, the report found. The Russian-made Kornet and Iran’s reverse-engineered Dehlavieh account for most of these weapons, with the Kornet costing approximately $26,000 per round and the Dehlavieh running an estimated $12,000 to $15,000, according to the Post.

A Weakened Arsenal

Hezbollah has burned through large portions of its arsenal in its attacks on Israel over the past year, and Israeli forces have killed many of the group’s senior commanders in the process.

IDF Lt. Col. (Res.) Sarit Zehavi, founder and president of the Israel-based Alma Research and Education Center, told Fox News Digital earlier this month that the IDF has destroyed 90% of Hezbollah’s rocket and missile stockpile.

“Today Hezbollah is holding between 10,000 to 15,000 rockets, which is much less than what it used to have. Most of the array of sophisticated missiles, accurate missiles and long-range missiles was either eliminated or neutralized,” Zehavi said.

Click to comment

You must be logged in to post a comment Login

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You May Also Like

US Politics

I do not even know where to begin with this one.  Just when you think you have seen the worst that humanity has to...

Government Corruption

Updated 5/17/19 9:52am Jack Crane | Opinion  James Baker, Former-FBI General Counsel has joined Russian hoax media collaborator Michael Isikoff on his podcast, yesterday....

US News

Education is considered to be one of the pillars of a successful life. Without a college degree, many believe these students will earn lower...

US News

ICYMI| If it were not for Tom Fitton and Judicial Watch, it is more than likely that the world would never know the extent...