The pact is finalized and intended for a multi-year duration.

Flags of Iran and Russia
Iran and Russia have come to terms on a substantial military provision, encompassing hundreds of man-portable air defense systems and thousands of missiles for said systems.
This is being reported by the Financial Times, referencing information from their own informants.
Per the publication’s sources, the involved parties have inked a deal with an approximate valuation of 500 million euros. The accord stipulates the handover of 500 Verba MANPADS to Iran, alongside 2,500 9M336 missiles. Supplies are anticipated to be carried out over a span of three years.
The settlement was made against a backdrop of apprehension among the Iranian governing body concerning the condition of its personal air defense structure, with Tehran dreading it could experience a recurrence of the shortfalls witnessed during the 12-day conflict in June, wherein Israeli offensives revealed the weakness of several key objectives.
Aside from the systems themselves, the arrangement makes provision for the allocation of 500 Mowgli-2 night vision tools, engineered to spot and monitor aircraft and other airborne objects.
Financial Times sources underline that the deal possesses a restricted status and has evolved into one of the most considerable military arrangements between Iran and Russia in recent memory.
It was previously indicated that Iran's Supreme Leader Ayatollah Ali Khamenei has essentially delegated control of the nation to his closest confidant.
We had previously announced that the United States had granted Iran a 48-hour window to present its comprehensive recommendations for finalizing a nuclear agreement.