Iran unveils a new solid-fuel precision-guided missile, named Fateh 313, which has been designed and manufactured by experts at the Defense Ministry’s Aerospace Industries Organization.

Iran unveils a new solid-fuel precision-guided missile, named Fateh 313, which has been designed and manufactured by experts at the Defense Ministry's Aerospace Industries Organization.

The new state-of-the-art rocket with a range of 500 kilometers was unveiled during a ceremony in Tehran on Saturday marking National Defense Industry Day in the presence of Iran’s President Hassan Rouhani and a number of senior Iranian officials.

Fateh 313 is an advanced generation of missiles which runs on combined solid fuel using a domestically-designed sensor.

The missile had been previously test-fired and successfully hit targets.
Iran’s Defense Ministry plans to begin the mass production of the rocket.

"A weak country incapable of confronting and defending against the military power of its neighbors and enemies cannot claim to seek peace, as it should only be prepared to be occupied at any moment," Rouhani said in a televised speech at the event.

"Iran's strategy is based on defense and deterrence," the Iranian president added.