Making the announcement on the sidelines of the Cabinet meeting on Wednesday morning, Iranian Defense Minister Brigadier General Amir Hatami said "Today, a report on the status quo of Iran's defense industry was submitted to the government."
In a Thursday ceremony which will attended by President Rouhani the latest achievements in the defense sector will be unveiled, he added.
As the minister informed, a production line and an exhibition will be inaugurated tomorrow.
"The production line for 'Owj' jet engine of Kosar fighter jets will be unveiled," he said.
"A 4th-generation turbojet engine, which is lightweight, will also be unveiled," Hatami added.
"The homegrown engine, installed on modern drones, can be regarded as a major improvement in this sector, he said.
During the said exhibition, as he said, various Iranian drones will be showcased.
He also informed that two missile-related products will also be unveiled on Thursday.