Hezbollah took in $157 million worth of weapons in 2024, nearly all of it free from Iran, even as Israeli forces cut deep into the terror group’s arsenal.
A new analysis from the Israeli nonprofit Center for Research of Terror Financing, known as CENTEF, tracked the arms flowing to Hezbollah fighters and found the group did not pay full freight for its firepower. The bulk arrived as an in-kind grant from Tehran.
Fox News Digital reported the findings from CENTEF’s “Hezbollah Financial Statements,” which drew on open-source data and known valuations of the group’s military gear. The picture is straightforward: Iran supplied the heavy lift, and Hezbollah spent a fraction of that total on its own limited buys.
Hezbollah spent just $28 million procuring weapons through its networks. Those purchases covered small arms, ammunition, drone parts, dual-use equipment, and other gear obtained abroad. Iran covered roughly $129 million as a free grant, rockets, missiles, drones, anti-tank systems, air-defense gear, launchers, naval equipment, and IED-related assets.
The numbers show who support the fight. CENTEF’s tally puts Iran’s gift at more than four times Hezbollah’s own outlays. That is not a side deal. It is the core supply line.
In 2024 the group acquired 4,000 short-range Katyusha rockets, 400 Falaq-1 and Falaq-2 rockets, and 120 Burkan rockets. Short-range rockets run about $300 apiece. Burkan rockets cost roughly $400 each. Those are the cheap end of the ledger.
More sophisticated stock included Iran’s Fajr series and heavy rockets of Syrian origin. The Fajr-3 is a 240mm artillery rocket with a 45-kilogram warhead. The Fajr-5 is a 333mm rocket, with a GPS-guided Fajr-5C variant in the mix. CENTEF estimates Hezbollah obtained about 600 of these higher-end rockets last year, at $2,000 to $10,000 per unit.
Anti-tank guided missiles fill another large slice of the inventory. Russian-made Kornet rounds and Iran’s reverse-engineered Dehlavieh make up the bulk. A Kornet costs about $26,000 per round. The Dehlavieh runs an estimated $12,000 to $15,000. That is serious money for precision weapons aimed at armored vehicles and fortifications.
The Jerusalem Post was cited for methodology and weapon cost details behind the CENTEF work. The report’s frame is clear: Iran’s in-kind pipeline, not Hezbollah’s shopping budget, kept the shelves stocked.
While the financing numbers cover 2024 receipts, the battlefield told a different story on the ground. IDF troops destroyed a Hezbollah underground network at the strategic Ali al-Taher Ridge and found Iranian-made rockets, missiles, UAVs, and a command complex beneath it.
Forces also uncovered a weapons cache near a UNIFIL post in southern Lebanon in 2024. Other finds included a seized Hezbollah drone and PK machine guns. Reporting tied to the same coverage described a weapons stash inside a hospital in Lebanon and the elimination of a Hezbollah commander.
Over the past year Hezbollah burned through vast measures of its arsenal in attacks on Israel. Israeli forces also cut deep into the group’s leadership ranks. The arms still arriving from Iran did not erase the losses already inflicted.
IDF Lt. Col. (Res.) Sarit Zehavi, founder and president of the Israel-based Alma Research and Education Center, gave Fox News Digital a blunt assessment earlier this month.
"Today Hezbollah is holding between 10,000 to 15,000 rockets, which is much less than what it used to have. Most of the array of sophisticated missiles, accurate missiles and long-range missiles was either eliminated or neutralized,"
Zehavi said the IDF has decimated 90% of Hezbollah’s rocket and missile arsenal. What remains is a thinner stockpile than the one the group held before the latest round of fighting. The advanced, accurate, long-range systems took the heaviest hit.
That assessment sits beside the CENTEF financing data. Iran kept shipping value in kind, hundreds of millions in rockets, missiles, drones, and anti-tank gear. Israeli operations kept stripping capability, leadership, and underground infrastructure at the same time.
On Nov. 15, 2024, Iranian missiles went on display at the IRGC Aerospace Force Museum in Tehran. The public showcase of hardware matched the private pipeline CENTEF described: Iran as the principal quartermaster for Hezbollah’s remaining punch.
CENTEF’s headline figure focuses on Hezbollah terrorists in Yemen receiving $157 million worth of weapons in 2024. Most of that value came free from Iran. The same terror network’s infrastructure in southern Lebanon kept turning up in IDF raids, near a UNIFIL post, under a ridge, and in other sites tied to the group’s operations.
The pattern is not complicated. Iran pens the big check in weapons. Hezbollah spends a smaller sum on lighter gear through international procurement. Israeli forces find the tunnels, the caches, and the command nodes, and they keep reducing what can actually be fired.
Taxpayers and civilians on Israel’s northern frontier live with the results of that pipeline. Every free rocket and every Kornet round that slips through is another round that has to be intercepted, dug out of a hillside, or absorbed by people who did not start the fight. The CENTEF numbers put a price tag on the subsidy. The IDF’s ridge finds and Zehavi’s rocket count show what happens when that subsidy meets determined force.
Iran keeps arming its proxy on the cheap. Israel keeps dismantling the arsenal. The ledger still runs through Tehran.
