That's according to a recent Wall Street Journal article, which says the U.S. is looking to sanction nearly 12 companies and individuals connected to Iran's ballistic missile program. According to the Journal, the possibility of such sanctions was understood as part of the recent nuclear agreement.
Iran hasn't exactly been shy about showing off one of its missiles in the months following the nation's nuclear agreement with the U.S. (Video via European Commission)
Whether it was showcasing the Islamic republic's expansive underground missile base for the first time in October or test firing medium-range ballistic missiles in October and November.
Although, it's not as advanced as Israel's.
At least one variant can reach Iran's top rival, Israel. Though analysts don't believe it's accurate enough to target anything specific. (Video via Prime Minister of Israel)