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Russia spent about US$620 million on attack on 2 January – Forbes

Tuesday, 2 January 2024, 15:13
Russia spent about US$620 million on attack on 2 January – Forbes
Aftermath of the Russian attack on 2 January on Kyiv. Photo: Kostiantyn Liberov/Libkos/Getty Images

A large-scale missile attack on Ukraine on 2 January cost Russia about US$620 million.

Source: Forbes’ calculations based on data from the Air Force of the Armed Forces of Ukraine.

According to preliminary data, overnight and on the morning of 2 January, Russian troops used 99 missiles and attack drones of various types against Ukraine:

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  • In the first wave, Russian attacked with Shahed-136/131 UAVs – all 35 of them were destroyed;
  • In the morning, Russia used strategic aircraft Tu-95MS bombers, which launched at least 70 Kh-101/Kh-555/Kh-55 cruise missiles;
  • Russia also launched 10 Kh-47M2 Kinzhal aerobic missiles from MiG-31K fighters;
  • 3 Kalibr cruise missiles;
  • 12 Iskander-M/S-300/S-400 missiles;
  • 4 Kh-31P anti-radar missiles. 

Valerii Zaluzhnyi, Commander-in-Chief of the Armed Forces of Ukraine, said that the Ukrainian defenders destroyed 10 out of 10 KH-47M2 Kinzhal aerobic missiles, 59 out of 70 Kh-101/Kh-555/Kh-55 cruise missiles and 3 out of 3 Kalibr cruise missiles. 

"Given that the exact distribution of missiles by type remains unknown, Forbes estimates their value at around US$620 million," the newspaper writes.

The following estimates were used for the calculation: the cost of one Kh-101 missile – US$13 million, Kalibr – US$6.5 million, Iskander – US$3 million, Onix – US$1.25 million, Kh-22 – US$1 million, Tochka system – US$0.3 million, Kh-55 – US$2 million, Kh-555 – US$4 million, Kh-47 Kinzhal – US$15 million, Shahed-136 – US$50,000.

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