Iran’s Army has unveiled a state-of-the-art laser-powered air defense system during its Air Defense Forces’ military maneuvers in the country’s western and northern areas.

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EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei called for strengthening the country's defense capabilities to deter any threat or attack by enemies.

EghtesadOnline: Iran’s Defense Ministry plans to invest 10 trillion rials ($87.7 million) in local knowledge-based companies active in the field of defense technologies.

EghtesadOnline: Iran favors peace and is not seeking confrontation but will exercise its right to defense, Foreign Minister Mohammed Javad Zarif said in New York, while proposing "a serious dialogue" with the United States on a possible prisoner swap.

EghtesadOnline: President Hassan Rouhani on Tuesday strongly defended his government's initiative to comply with global anti-money laundering and countering financing of terrorism standards, saying failure to do so would be a blow to Iran's banking and financial ties with the outside world.

EghtesadOnline: President Hassan Rouhani said on Monday Iran will press on with its defense program with full force in defiance of hostile states that want to rein in its military power, vowing that the country will overcome all challenges through national unity.

EghtesadOnline: President Hassan Rouhani has dismissed US calls to renegotiate a nuclear deal as "ridiculous" and pledged that Iran will continue to produce missiles for its defense.