Iran will claim compensation for the unilateral cancellation of the S-300 missile system, Iranian President Mahmoud Ahmadinejad has said.

“Some countries thought that they can damage Iranian nation through illegal and unilateral cancellation of a defence deal. I proclaim that the contracts should be implemented, otherwise the Iranian nation will claim compensation for lack of its implementation,” he said.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The nation had threatened to sue Russia for not complying with its commitments on the agreement between the two sides, according to the Iranian Students News Agency.

Russia cancelled the bilateral contract with Iran, which was signed in 2007, due to the UN Security Council’s sanctions on the nation.

The S-300 air defence system is an advanced mobile system capable of shooting down aircraft and cruise missiles from a distance of 150km.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Army Technology Excellence Awards - Nominations Closed

Nominations are now closed for the Army Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact across the defence sector.

Excellence in Action
Virtualitics has clinched both the Innovation and Business Expansion awards for its Integrated Readiness Optimization (IRO) AI suite, transforming maintenance, sustainment and operational decision-making across the US DoD. Discover how explainable AI and predictive insights are redefining mission readiness, risk management and joint-force efficiency.

Discover the Impact