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

Economichna Pravda — Tuesday, 2 January 2024, 15:13

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:

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.

Background:

According to Ukrenergo, as a result of the attack on 2 January, more than 250,000 consumers were left without electricity after the attack.
In Kyiv's Podilskyi district, the gas pipe and water supply lines were damaged.
Internet service is disrupted in Kyiv after a rocket attack. There was also a power outage on some electric transport routes.
At noon, water supply was restored in all districts of Kyiv.
Ukrenergo has restored the operation of trunk power grid equipment in Kyiv Oblast.
Power engineers in Kyiv supplied electricity to some residents of four districts.

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