The drill, named Great Prophet 9, was held near the Strait of Hormuz, through which one fifth of the world's oil passes. Iran's regular army carried out naval drills near the strait in December.
State TV showed footage of missiles fired from the coast and the fast boats striking the mock U.S. Aircraft carrier.
The drills, which also included shooting down a drone and planting undersea mines, were the first to involve a replica of a US carrier.
Last month Fadavi said his force is capable of sinking American aircraft carriers in the event of war.
The Guard's chief commander, Gen Mohammad Ali Jafari, said the drills send a "message of (Iran's) might" to "extraterritorial powers," a reference to the United States.
Cmdr Kevin Stephens, the spokesman for the US Navy's 5th Fleet in Bahrain, said the Iranian naval exercises began a few days ago and have had no effect on maritime traffic.
"We're quite confident of our naval forces' ability to defend themselves," he said. "It seems they've attempted to destroy the equivalent of a Hollywood movie set."
Iran is currently negotiating an agreement over its disputed nuclear program with the United States and five other world powers. The two sides hope to reach a framework agreement next month and a final deal in June.
Western nations have long suspected Iran is covertly seeking a nuclear weapons capability, charges denied by Tehran.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
