According to CNN, thousands of Iranian drones still exist, with estimates indicating that 50 percent of the country's capacity remains intact. The assessment, compiled in recent days, also shows that a large percentage of Iran's coastal cruise missiles have remained untouched, consistent with the U.S. not focusing its air campaign on coastal military resources, although it has targeted ships. These missiles represent a key capability through which Iran can threaten maritime traffic in the Strait of Hormuz. This intelligence offers a more nuanced picture of Iran's remaining capabilities compared to the broad claims of military victory publicly made by U.S. President Donald Trump and officials from his administration. In an address to the nation on Wednesday evening, Trump said Iran's ability to launch missiles and drones has been dramatically reduced, with their weapons factories and missile launchers being blown to pieces, leaving very few remaining. By Wednesday, the U.S. had struck more than 12,300 targets inside Iran, according to U.S. Central Command (CENTCOM). Sources note that intelligence shows the U.S. military has degraded Iranian military capabilities, and key senior leaders have been killed in U.S. and Israeli attacks, including Supreme Leader Ali Khamenei and Ali Larijani, head of Iran's National Security Council. In addition to missile launchers, Iran still possesses a large number of missiles themselves, according to intelligence. In public comments, the Pentagon has pointed to a reduction in the total number of missiles Iran launches, rather than the number destroyed. Defense Secretary Pete Hegseth said during a press conference that ballistic attacks on U.S. forces have decreased by 90 percent since the start of the conflict, and the same applies to one-way attack drones, so-called kamikaze drones, also reduced by 90 percent. Pentagon spokesperson Sean Parnell disputed CNN's reporting, calling it "completely inaccurate." "The United States military has delivered a devastating series of strikes against the Iranian regime. We are far ahead of schedule in achieving our military objectives: to destroy Iran's missile arsenal, destroy their navy, dismantle their terrorist proxies, and ensure Iran never comes close to nuclear capabilities," Parnell said. Israeli military officials estimate the number of operational Iranian launchers at a lower level, around 20 to 25 percent. Israel does not include launchers that are buried or made inaccessible in caves and tunnels in its count of remaining launchers, said one source familiar with the U.S. assessment, as well as an Israeli source. On Wednesday, Trump stated that U.S. operations could be completed in two to three weeks. The first source who reviewed the intelligence assessment said such a goal is unrealistic, given how much Iran still has at its disposal. "We can keep pounding them, I have no doubt about that, but if you think this will be over in two weeks, you're out of your mind," the source told CNN. Hegseth said this week that Iran's firepower continues to diminish. "Yes, they will still fire some missiles, but we will shoot them down. It's important to note that the past 24 hours have seen the lowest number of enemy missiles and drones launched by Iran. They will go underground, but we will find them," Hegseth said. The ability to hide underground is the main reason why launchers have not been further destroyed, said two sources familiar with the assessment. Iran has been hiding its launchers in extensive networks of tunnels and caves for decades, preparing for such a conflict, making them particularly difficult to target. Two sources note that Iran successfully employs a "shoot and scoot" tactic, making it hard to track mobile platforms, similar to challenges the U.S. faced against the Houthis in Yemen. The U.S. and Israel are increasingly targeting entrances to these underground facilities, as well as equipment for reopening them, such as bulldozers and other heavy machinery, said Annika Ganzeveld, Middle East manager for the Critical Threats project at the American Enterprise Institute. The latest intelligence assessment comes as the U.S. is struggling to reopen the Strait of Hormuz and privately acknowledges it cannot guarantee its opening before the end of the war. Coastal cruise missiles have likely remained largely untouched because they were not the focus of the U.S. campaign, with attacks instead targeting threats to allies in the region. However, those capabilities have also likely gone underground, making them difficult to locate. While the Iranian navy has largely been destroyed, according to the first source, the separate naval forces of the Islamic Revolutionary Guard Corps (IRGC) still retain about half of their capabilities. A second source notes that the IRGC still has hundreds, if not thousands, of small boats and unmanned vessels. By Wednesday, CENTCOM reported that more than 155 Iranian vessels had been damaged or destroyed. However, Ganzeveld pointed out that it is not always clear which navy is being referred to when discussing vessel destruction. According to her, it is primarily the IRGC navy that is behind the harassment of maritime traffic in the Strait of Hormuz. "There are certainly capabilities that remain, including proxy forces and drones, and Iran has recently shown it can still target ships in the strait. So, there are definitely targets that have not yet been destroyed if we want to fully eliminate those capabilities," Ganzeveld said.