The production line of an air-launched cruise missile was inaugurated in Tehran on Tuesday in the presence of the defense minister.
The domestically designed and manufactured Nasr missile is equipped with a radar system and is capable of striking targets with pinpoint accuracy, Lieutenant General Hossein Dehqan said in a speech on the sidelines of the ceremony.
It can be mounted on a variety of fighters, Dehqan said, announcing his ministry's plans to install the rocket on drones, ISNA reported.
A surface-to-surface solid-fuel missile, the Fateh 313, with the ability to hit targets within a range of 500 km was also unveiled last week in a ceremony attended by President Hassan Rouhani.
The moves came in apparent response to domestic criticisms that the July 14 nuclear deal with major powers has forced a substantial slide in the Defense Ministry's activity.
A UN resolution adopted following the accord to endorse it has prohibited for eight years any Iranian activity related to ballistic missiles, a ban Iranian officials dismiss, arguing that it is contained in an unbinding annex to the resolution.