Report says Iran supplied $129 million in weapons to Hezbollah in 2024
A study by the Center for Research of Terror Financing estimates Iran gave Hezbollah about $129 million worth of rockets, missiles and other armaments in 2024, while the group spent $28 million on its own purchases.
A new analysis by the Israeli nonprofit Center for Research of Terror Financing (CENTEF) estimates that Iran provided roughly $129 million in weapons to Hezbollah during 2024, including rockets, missiles, drones, anti-tank guided missiles, air-defence systems and related equipment. The report, titled "Hezbollah Financial Statements," combines open-source data with known valuations of the group’s military assets.
CENTEF found that Hezbollah itself spent about $28 million on small arms, ammunition, drone components, dual-use items and equipment sourced through its international procurement networks. The organization acquired 4,000 short-range Katyusha rockets, 400 Falaq-1 and Falaq-2 rockets, 120 Burkan rockets and an estimated 600 larger Fajr-3 and Fajr-5 rockets, which are priced between $2,000 and $10,000 each.
Anti-tank guided missiles (ATGMs) also featured prominently in the inventory, with Russian-made Kornet missiles and Iran-produced Dehlavieh systems accounting for most of the stock. The Kornet is valued at about $26,000 per unit, while the Dehlavieh is estimated at $12,000-$15,000.
"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," said Lt. Col. (Res.) Sarit Zehavi, founder and president of the Israel-based Alma Research and Education Center.
The report notes that Hezbollah has used a substantial portion of its arsenal in attacks against Israel over the past year, and that Israeli forces have targeted the group's leadership and weapon caches.