"Numerous products, including missiles with a range of 300 km, are available for the IRGC's Navy now," Head of the Defense Ministry's Aerospace Industries Organization General Seyed Mehdi Farahi told FNA.
"Yet, more new cruise-type products with different ranges and highly-advanced capabilities will be supplied to the IRGC navy soon," Farahi added, stressing that the range and precision of the new missiles is higher than the abovementioned missiles which have a range of 300km.
"These missiles could increase our defensive power in naval battles."
Last month, Iran equipped its warplanes with advanced anti-ship cruise missiles in a bid to boost the country's capabilities in confronting naval threats.
Iran started equipping its Air Force fighter jets with air-to-surface Nour cruise missiles in a project dubbed as Qaem. Nour has a range of 120 kilometers.
Nour is a well-known cruise missile used by the Iranian army and the IRGC in different wargames and can be launched from coast, vessels and aircraft against enemy vessels, oil facilities and naval positions.
Also in April, a senior Iranian defense ministry official said that Iran's anti-ship ballistic missile power has forced the US warships in the Persian Gulf to retreat from their positions.
Addressing a group of Iranian soldiers here in Tehran at the time, Deputy Defense Minister General Majid Bokayee said Iran designed and developed home-made anti-ship ballistic missiles because this kind of missile can target enemy vessels easily.
"We managed to employ the ballistic missiles which had previously been designed and produced for ground-to-ground missions for targeting enemy ships, and then we witnessed the US naval fleets' retreat in the Persian Gulf after the first test on the missile," Bokayee stated.
In July 2012, Iran's supersonic anti-ship ballistic missiles, 'Khalij-e-Fars (Persian Gulf)', displayed their 100 percent precision capability after hitting and destroying the specified targets in the last phase of the Payambar-e Azam 7 (The Great Prophet 7) drills.