Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >Exclusive-U.S. can only confirm about third of Iran's missile arsenal destroyed, sources say
    Headlines

    Exclusive-U.S. Can Only Confirm About Third of Iran's Missile Arsenal Destroyed, Sources Say

    Published by Global Banking & Finance Review®

    Posted on March 27, 2026

    5 min read

    Last updated: March 27, 2026

    Add as preferred source on Google
    Exclusive-U.S. can only confirm about third of Iran's missile arsenal destroyed, sources say - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:FinanceGeopoliticsDefenseU.S. PoliticsMarkets

    Quick Summary

    U.S. intelligence confirms about one‑third of Iran’s missile arsenal has been destroyed; another third is likely damaged or buried, though recovery is possible post‑conflict. Iran’s pre‑war arsenal is estimated at thousands of missiles, with estimates ranging from ~2,500 to over 3,000.

    Exclusive-U.S. can only confirm about a third of Iran's missile arsenal destroyed, sources say

    Assessment of Iran's Missile Arsenal and U.S. Military Operations

    By Phil Stewart, Idrees Ali, Jonathan Landay and Erin Banco

    Overview of U.S. Intelligence Findings

    WASHINGTON, March 27 (Reuters) - The United States can only determine with certainty that it has destroyed about a third of Iran's vast missile arsenal as the U.S. and Israeli war on the country nears its one-month mark, according to five people familiar with the U.S. intelligence.

    The status of around another third is less clear but bombings likely damaged, destroyed or buried those missiles in underground tunnels and bunkers, four of the sources said. The sources spoke on condition of anonymity given the sensitive nature of the information.

    One of the sources said the intelligence was similar for Iran's drone capability, saying there was some degree of certainty about a third having been destroyed.

    The assessment, which has not been previously reported, shows that while most of Iran's missiles are either destroyed or inaccessible, Tehran still has a significant missile inventory and may be able to recover some buried or damaged missiles once fighting stops.

    Contrast with Official Statements

    The intelligence stands in contrast to President Donald Trump's public remarks on Thursday that Iran had "very few rockets left". He also appeared to acknowledge the threat from remaining Iranian missiles and drones to any future U.S. operations to safeguard the economically vital Strait of Hormuz.

    Reuters first reported that he is weighing whether to escalate the conflict by deploying U.S. troops to Iranian shores along the Strait.

    "The problem with the straits is this: let's say we do a great job. We say we got 99% (of their missiles). 1% is unacceptable, because 1% is a missile going into the hull of a ship that cost a billion dollars," Trump said at a televised Cabinet meeting on Thursday.

    Military and Political Responses

    Asked for comment, a Pentagon official said Iranian missile and drone attacks were down by about 90% since the start of the war. The U.S. military's Central Command "has also damaged or destroyed over 66% of Iranian missile, drone, and naval production facilities and shipyards," the official added.

    The White House did not immediately respond to a request for comment.

    Democratic Rep. Seth Moulton, a Marine Corps veteran who served four tours in Iraq, declined to comment on Reuters' findings but he disputed Trump's claims about the impact of the war on Iran's arsenal.

    "If Iran is smart they've retained some of their capability - they're not using everything that they have. And they're laying in wait," Moulton said. 

    Iran's Missiles as Prime U.S. Target

    IRAN'S MISSILES ARE PRIME U.S. TARGET

    The Trump administration has said it aims to weaken Iran's military by sinking its navy, destroying its missile and drone capability and ensuring that the Islamic Republic never has a nuclear weapon.

    Progress of Operation "Epic Fury"

    Central Command has said its operation, known officially as "Epic Fury", is on schedule or even ahead of plans laid out prior to the February 28 start of the U.S. and Israeli attacks on Iran.

    U.S. strikes have hit more than 10,000 Iranian military targets as of Wednesday and, according to Central Command, have sunk 92 percent of the Iranian navy's large vessels. The U.S. military has published imagery showing attacks on the factories that produce Iran's weaponry and has stressed that it is not just pursuing missile and drone stockpiles, but the industry that makes them.

    Still, Central Command has declined to state precisely how much of Iran's missile or drone capability has been destroyed.

    Challenges in Assessing Missile Stockpiles

    One source said part of the problem is determining how many Iranian missiles were stockpiled in underground bunkers before the war started. The U.S. has not disclosed its estimate of the size of Iran's pre-war missile stockpile.

    Israeli military officials say Iran had 2,500 ballistic missiles capable of reaching Israel before the war. Over 335 missile launchers have been "neutralized", representing 70% of Iran's launch capacity, a senior Israeli military official said.

    Israeli officials have not publicly disclosed how many actual missiles they believe Iran still possesses. They privately acknowledge that eliminating what they estimate to be the last 30% of Iran's capacity will be relatively more difficult to achieve.

    Iran's Continued Military Activity

    IRAN STILL FIRING AT NEIGHBORS

    Despite the heavy pace of U.S. strikes, Iran has demonstrated that it has not run out of weapons.

    On Thursday alone, it fired 15 ballistic missiles at the United Arab Emirates, along with 11 drones, according to the UAE's Defense Ministry. 

    It has also displayed new capabilities. Last week Iranian forces for the first time fired long-range missiles, targeting the U.S.-UK military base Diego Garcia in the Indian Ocean.

    Expert Analysis on Iranian Capabilities

    Nicole Grajewski, an expert on Iran's missile forces and the Islamic Revolutionary Guard Corps at Paris' Sciences Po university, said the Trump administration may have overstated how much U.S. strikes have degraded Iranian capabilities.

    She pointed to Iran being able to continue to carry out strikes from Bid Kaneh military facility, which has been heavily bombed.

    "The fact that they've managed to sustain this, I think, indicates the U.S. was overstating the success of its operation," Grajewski said, adding she believed that Iran still retained about 30 percent of its missile capabilities.

    Grajewski said Iran had more than a dozen large underground facilities where it has been able to keep launchers and missiles, adding: "The big question is: have these facilities collapsed?"

    Iran's Tunneling and Underground Capabilities

    IRAN'S TUNNELING

    One senior U.S. official voiced skepticism about the United States' ability to accurately assess Iran's missile capabilities, in part because it was unclear how many were underground and accessible in some way. "I don't know if we'll ever have an accurate number," the official said. 

    Defense Secretary Pete Hegseth acknowledged the challenge posed by Iran's tun

    Table of Contents

    Key Takeaways

    • •U.S. can only confirm destruction of ~⅓ of Iran’s missiles, with another third likely rendered inaccessible but possibly recoverable.
    • •Pre‑war estimates place Iran’s missile stockpile between approximately 2,500 to over 3,000 ballistic missiles.
    • •Israeli and Western assessments indicate substantial but incomplete degradation of Iran’s missile and launcher infrastructure, with recovery or replenishment potential.

    Frequently Asked Questions about Exclusive-U.S. can only confirm about third of Iran's missile arsenal destroyed, sources say

    1How much of Iran's missile arsenal has the U.S. confirmed destroyed?

    The U.S. can only confirm about a third of Iran's missile arsenal has been destroyed.

    2Are there uncertainties about the remaining Iranian missiles?

    Yes, the status of about another third is unclear, possibly destroyed or buried in underground bunkers.

    Assessment of Iran's Missile Arsenal and U.S. Military Operations
  • Overview of U.S. Intelligence Findings
  • Contrast with Official Statements
  • Military and Political Responses
  • Iran's Missiles as Prime U.S. Target
  • Progress of Operation "Epic Fury"
  • Challenges in Assessing Missile Stockpiles
  • Iran's Continued Military Activity
  • Expert Analysis on Iranian Capabilities
  • Iran's Tunneling and Underground Capabilities
  • 3What is the U.S.'s goal in targeting Iranian missiles?

    The U.S. aims to weaken Iran's military by destroying its missile and drone capabilities and sinking its navy.

    4Does Iran still retain missile capability?

    Yes, Iran still has a significant missile inventory and continues to fire at regional targets.

    5What actions has the U.S. military taken in Iran?

    U.S. strikes have hit over 10,000 Iranian targets and sunk 92% of Iran’s large naval vessels.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Myanmar military signals leadership change ahead of presidential vote
    Myanmar Military Signals Leadership Change Ahead of Presidential Vote
    Image for UK report on rising churchgoing pulled after fraudulent responses found
    UK Report on Rising Churchgoing Pulled After Fraudulent Responses Found
    Image for Russian jailed in UK for attacking woman after Trump's son alerted police
    Russian Jailed in UK for Attacking Woman After Trump's Son Alerted Police
    Image for Ukraine closes on Mideast deals to help counter Iranian drones
    Ukraine Closes on Mideast Deals to Help Counter Iranian Drones
    Image for Denmark's Frederiksen begins coalition talks hoping to remain prime minister
    Denmark's Frederiksen Begins Coalition Talks Hoping to Remain Prime Minister
    Image for Afghan jailed for 15 years in the UK for raping 12-year-old girl
    Afghan Jailed for 15 Years in the UK for Raping 12-year-old Girl
    Image for Long-sought Red Army Faction suspect charged in Germany for 1990s attacks
    Long-Sought Red Army Faction Suspect Charged in Germany for 1990s Attacks
    Image for Molotov cocktails thrown at Russian cultural centre in Prague
    Molotov Cocktails Thrown at Russian Cultural Centre in Prague
    Image for Paul McCartney charts childhood streets in first album in five years
    Paul McCartney Charts Childhood Streets in First Album in Five Years
    Image for Olympics-France calls IOC gender testing rule a 'step backwards'
    Olympics-France Calls Ioc Gender Testing Rule a 'step Backwards'
    Image for Soccer-Wales and Liverpool great Toshack denies son's claims of dementia diagnosis-report
    Soccer-Wales and Liverpool Great Toshack Denies Son's Claims of Dementia Diagnosis-Report
    Image for Austria plans social media ban for children under 14
    Austria Plans Social Media Ban for Children Under 14
    View All Headlines Posts
    Previous Headlines PostUK Report on Rising Churchgoing Pulled After Fraudulent Responses Found
    Next Headlines PostRussian Jailed in UK for Attacking Woman After Trump's Son Alerted Police