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Israeli Estimates Reveal Value of Hezbollah’s Military Arsenal Two Years Ago


Estimates published by the Israeli Terrorism Financing Research Center place the value of the weapons acquired by Hezbollah in 2024 at $157 million. According to the centre, Iran provided most of the arsenal to the group free of charge.

A study by the organisation estimated that Iran supplied weapons and equipment worth approximately $129 million. Hezbollah, meanwhile, reportedly spent around $28 million on purchases including small arms, ammunition, drone components and dual-use equipment, as well as acquisitions made through international networks.

Sharon Gal, the centre’s chief executive, told The Jerusalem Post that analysing Hezbollah’s finances in this way could help relevant authorities identify supply chains and prioritise efforts to disrupt them. She said such an approach could provide an alternative to air strikes that may have consequences for Lebanese civilians.

The study said the arsenal obtained by Hezbollah during 2024 included thousands of short-range rockets, among them approximately 4,000 Katyusha rockets, 400 Falaq-1 and Falaq-2 rockets, and 120 Burkan rockets.

The arsenal reportedly also included heavier projectiles from the Fajr series, Zelzal missiles, guided Fateh-110/M-600 missiles and Iranian-made Paveh cruise missiles.

The report estimated, however, that production and transportation constraints limited the number of more sophisticated missiles Hezbollah was able to acquire.

According to the study, anti-tank missiles accounted for approximately 20 per cent of Hezbollah’s attacks against Israel after October 8, 2023. They were also among the highest-value categories of weapons in the group’s arsenal.

The report further examined drones and loitering munitions, including Iranian-made Mirsad-1 and Ababil-T aircraft, as well as small Shahed-101 drones.

Hezbollah also reportedly obtained air-defence systems, ammunition, launchers, naval equipment and components associated with explosive devices.

The centre’s research extends beyond military spending. It is also collecting data on civilian and financial activities linked to Hezbollah, including charities that assisted residents of southern Lebanon who were displaced during the war.

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