Chemezov: Iran to receive S-300 in late summer

The first delivery of the S-300 missile systems to Iran will take place in August or September 2016, the head of 'Rostec', Sergey Chemezov, said in an interview with The Wall Street Journal.

"I think we will deliver the S-300 by the end of the year ... The first delivery will be in September or August," Chemezov said, explaining that there are still court deliberations going on in Geneva, RIA Novosti reports.

"We agreed, they promised that they would drop their claim once we make the first delivery," the head of 'Rostec' added.