Info:
Iran is using Nazari Titanium Company as cover to evade sanctions and produce military drones to strike targets across the Middle East;
The NCRI identifies Nazari Titanium Company with close ties to either Iran’s Ministry of Defense or Islamic Revolutionary Guard Corps (IRGC), a U.S.-designated terrorist organization, which allow Iran to obtain parts for its growing fleet of unmanned aerial vehicles (UAVs);
The IRGC “uses these companies to purchase UAV accessories and equipment and circumvent sanctions,” the report states. “They make up a key smuggling ring of UAV parts and other aerospace industries’ needs under the guise of civilian activities.”;
Controlled by two brothers, Mehdi and Bahman Nazari, the company works on behalf of the Ministry of Defense, the Ministry of Oil, the Atomic Energy Organization, among others, procuring and supplying embargoed items by circumventing sanctions using interest and mafia networks inside and outside the country. It has offices in Turkey, UAE, and Hong Kong
Involved In:
Nuclear Weapon Program
Missile Weapon Program
Also Known As:
Nazari Titanium
Country:
Iran
Reason for the color:
» Iran using network of civilian companies as cover for deadly drone program;