Iranian Arms Bazaar

One of Iran's F-14 fighters, acquired in the 1970s, is on display at the
Iran Air Show on Kish Island in the Persian Gulf in late 2018. With a
U.N. arms embargo likely to be lifted later this year, Tehran will have
its first opportunity in decades to replace aging hardware. Chinese and
Russian firms appear poised to benefit the most from this new market.

One of the consequences of the collapse of the Soviet Union in 1991 was that the Soviet defense industrial sector lost its...