Iran continues to possess thousands of ballistic missiles and retains the capability to reactivate many of their launchers, according to a recent assessment by U.S. intelligence officials. This update comes amid ongoing military developments and follows statements by U.S. Defense Secretary Pete Hegseth, who asserted earlier that Iran’s missile arsenal had been significantly “depleted and decimated.”

The assessment indicates that, despite substantial losses during recent military operations, particularly since the launch of Operation Epic Fury, Iran still holds a large stockpile of short- and medium-range missiles. These missiles, some reportedly still buried in damaged storage facilities, number in the thousands. However, only a portion—estimated between several hundred and one thousand—are capable of reaching targets in Israel, with the majority having a range limited to neighboring Arab Gulf states.

U.S. officials have confirmed that over half of Iran’s missile launchers have been rendered inoperable, though many of these systems may be restored to functionality. There is concern among American military planners that the current ceasefire could provide Iran an opportunity to rebuild aspects of its ballistic missile capabilities.

In addition to ballistic missiles, Iran is reported to retain a limited number of cruise missiles. Its drone inventory, however, has suffered heavy attrition due to extensive use and targeted airstrikes during the conflict.

Israeli sources suggest that Iran currently lacks the capacity to manufacture new missiles. Following the initial phase of the conflict, Israeli forces reportedly succeeded in reducing Iran’s missile firing rate from dozens daily to approximately 10 to 15 missiles per day, signaling a significant decline in operational launch capabilities.

At a recent press conference, Defense Secretary Hegseth described the conflict as a “decisive military victory against Iran,” adding that Iran had “begged” for the ceasefire. He highlighted the hundreds of military strikes conducted by U.S. forces on the night prior to the ceasefire’s initiation. Hegseth also praised Israel as a “brave, capable, and willing ally” in the conflict and reassured that the Strait of Hormuz remains open to maritime traffic. He stated that U.S. forces would maintain a presence in the region to monitor compliance with the ceasefire terms.

U.S. Chairman of the Joint Chiefs of Staff, General Dan Caine, also reported significant degradation of Iran’s military infrastructure, estimating losses of 80% of its air defense systems, 90% of its weapons manufacturing facilities, and over 90% of its conventional naval forces as a result of the recent operations.

Attempts to obtain a comment from a spokesperson for the U.S. Central Command (CENTCOM) were not successful. The situation remains under close observation as regional and international actors assess the implications of the ceasefire and potential future developments concerning Iran’s military capabilities.