Bloomberg, citing a Western intelligence assessment, reported that the Islamic Republic, despite months of U.S. and Israeli attacks on its military infrastructure, produces about 50 ballistic missiles per month; a figure that is almost half of the missile production capacity before the Ninth of Esfand last year.

Bloomberg, quoting an “informed Western official,” wrote that it is estimated the Iranian government has at least 1,700 ballistic missiles in its arsenal.

This assessment conflicts with statements by U.S. officials that Tehran’s ability to produce missiles has been significantly weakened. Pete Hegseth, U.S. Secretary of War, said on Tuesday that more than 80% of the Islamic Republic’s nuclear industrial infrastructure has been destroyed.

Bloomberg also wrote that Tehran may still have thousands of attack drones of the “Shahed” type, although the exact size of the Islamic Republic’s missile and drone stockpiles remains unclear.