Financial Times: Iran inks secret shoulder-fired missiles with Russia

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On February 22, 2026, the Financial Times reported that Iran and Russia finalized a substantial arms deal, substantiated by leaked contracts and documents analyzed by the paper.

Iran reportedly signed a secret €500million ($589million) arms agreement with Russia in Dec 2025 to acquire advanced Verba man-portable air-defence systems (MANPADS).

The deal was brokered between Russia’s state weapons exporter, Rosoboronexport, and Iran’s Ministry of Defence and Armed Forces Logistics (MODAFL).

Israeli strikes in June 2025 reportedly “peeled back layers” of Iran’s protection, destroying almost all of its Russian-supplied S-300 batteries.

This agreement signals Russia’s disregard for UN “snapback” arms export bans triggered by the UK, France, and Germany in late 2025.

The purchase follows the signing of a Comprehensive Strategic Partnership between Vladimir Putin and Masoud Pezeshkian in January 2025.

Details of the agreement

The contract specifies the delivery of 500 Verba launch units and 2,500 9M336 missiles.

Deliveries are scheduled in three tranches between 2027 and 2029.

Leaked documents indicate individual 9M336 missiles are priced at €170,000 each, while launch systems cost €40,000 per unit.

The Verba is a fourth-generation, infrared-guided missile system designed for high effectiveness against modern threats, targeting Low-flying aircraft, helicopters, cruise missiles, and unmanned aerial vehicles (UAVs).

Unlike larger systems like the S-300 or S-400, it can be deployed quickly by small mobile teams without extensive training or fixed radar integration.

The deal includes 500 “Mowgli-2” night-vision sights to enable tracking in total darkness.

Geopolitical context

The significance of the €500million Verba deal lies in its timing, the specific technology transferred, and the total collapse of international arms embargoes.

The “12-Day War” in mid-2025 reportedly destroyed nearly all of Iran’s Russian-supplied S-300 batteries. While Iran produces domestic systems (like the Bavar-373), the acquisition of 2,500 Verba missiles provides an immediate, “low-tier” shield.

These MANPADS are much harder to detect and preemptively strike than large, radar-emitting S-300/400 units, making it riskier for Israeli or US jets to operate at low altitudes.

The deal is a direct challenge to the UN “snapback” sanctions triggered by the UK, France, and Germany in late 2025.

By proceeding with the sale, Russia has effectively signaled that it no longer recognizes Western-led international arms restrictions on Iran, cementing a “coalition of the sanctioned” that operates entirely outside the Western financial and legal system.

Strategic “Quid Pro Quo”

The agreement is widely viewed as Russia’s “payment” for Iran’s extensive support during the war in Ukraine.

Having supplied Russia with thousands of Shahed drones and ballistic missiles, Tehran is now cashing in its chips for high-end Russian hardware it was previously denied, such as the Verba systems and Su-35 fighter jets.

Guerilla Air Defence Capability

Unlike the S-400, which requires a massive logistical footprint, the Verba can be operated by a single soldier.

This allows Iran to equip mobile “hunter-killer” teams across its vast, mountainous terrain and potentially proliferate the technology to regional proxies (Hezbollah, Houthis), increasing the threat to commercial aviation and Western military assets across the Middle East.

Shift to the “East”

The deal was finalized just weeks before the Comprehensive Strategic Partnership between Moscow and Tehran took full effect.

It marks the transition of the relationship from a transactional “marriage of convenience” to a formal, long-term military alliance aimed at countering Western influence in West Asia.

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Key widely reported facts from verified sources including Financial Times, SCMP, The Times of Israel, The Kyiv Independent, Al Alarabiya English, The Telegraph

Timeline

Jan 17, 2025: Strategic Partnership Signed. Presidents Vladimir Putin and Masoud Pezeshkian sign a 20-year Comprehensive Strategic Partnership in Moscow to deepen military and economic ties.

Jun 13–24: The “12-Day War.” Israel launches Operation Rising Lion, a massive air campaign targeting Iranian nuclear sites and air defences.

Jun 22: The U.S. joins the strikes (Operation Midnight Hammer), hitting three major nuclear facilities.

Jul: Days after the conflict ends, Tehran formally requests advanced air-defence systems from Russia to replace batteries destroyed during the war.

Jul 22: High-level delegations from Iran, Russia, and China met in Tehran to discuss the nuclear program and strategic cooperation, providing a venue for advancing procurement discussions.

Oct 2: The Jan strategic partnership treaty officially takes effect after ratification by both nations’ parliaments.

Dec 2025: Representatives from Russia’s Rosoboronexport and Iran’s MODAFL sign the secret agreement in Moscow for 500 Verba launch units and 2,500 9M336 missiles.

Jan 2026: Hardware Deliveries Begin. Russia reportedly delivers Mi-28 attack helicopters and Spartak armoured vehicles to Iran as part of separate, earlier defence contracts.

Mid-Feb: Increased Cargo Flights. At least three Russian Ilyushin Il-76TD cargo planes are tracked flying from Mineralnye Vody to Karaj, Iran, reportedly carrying military equipment.

Feb 19: Joint Naval Drills. The two nations hold joint naval exercises in the Gulf of Oman to demonstrate military cooperation.

Feb 21 to 22: Deal Exposed. The Financial Times breaks the story of the secret December 2025 contract, citing leaked documents and intelligence sources.

Feb 26: Nuclear Talks. The exposure of the deal occurs just as a new round of nuclear negotiations between Iran and world powers is scheduled to begin in Geneva.

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