President Mahmoud Ahmadinejad announced Wednesday that Iran had test launched a missile with a range of 1,200 miles, making it within striking distance of Israel. American bases in the Persian Gulf would also be within range, according to The New York Times. Ahmadinejad boasted that the surface to surface missile was made with "advanced technology" and "landed exactly on target." The announcement reinforces Israeli president Benjamin Netanyahu's concerns over Iran's growing military might in the region. The launch also comes as Ahmadinejad prepares for elections in June.