The Iranian army says it conducted a successful test of a long-range ballistic missile with a 2,000-kilometer (1,240-mile) range, according to Iran's official Tasnim News Agency.
Iranian Armed Forces Brigadier General Ali Abdollahi touted the "high-precision" missile as capable of carrying out pinpoint strikes within a radius of eight meters from the target.
"Two weeks ago, we test-fired a missile with a range of 2000 kilometers and a margin of error of eight meters," Abdollahi told participants at a "scientific conference" in Tehran on Monday, according to Tasnim. "We can guide this ballistic missile." He claimed that the army had allocated 10% of its entire budget to bolstering the Islamic Republic's defensive capabilities. (Read More) (Watch News Video)