Skip to content
Edit post

Forbes estimates Jan. 2 mass attack cost Russia nearly $620 million

by Daria Shulzhenko January 2, 2024 5:45 PM 1 min read
This photograph taken on Jan. 2 in the center of Kharkiv shows a damaged residential building after a Russian missile strike. (Sergey Bobok/AFP via Getty Images)
This audio is created with AI assistance

Russian forces launched at least 99 missiles of various types and 35 Shahed "kamikaze" drones against Ukraine on Jan. 2, costing Russia nearly $620 million, Forbes estimated.

Russia’s large-scale coordinated missile attack targeted Kyiv, the surrounding region, and Kharkiv on the morning of Jan. 2. It was preceded by a wave of Shahed drones. The attack killed five people and injured 127, including children, according to the latest update by the State Emergency Service.

The Air Force reported earlier that Ukraine intercepted all of the drones and 72 Russian missiles, including 59 Kh-101/555/55 cruise missiles, three Kalibr cruise missiles, and all of the 10 Kh-47M2 Kinzhal air-launched ballistic missiles. Russian forces also used 12 ballistic missiles of the Iskander/S-300/S-400 type and four Kh-31P anti-radar missiles.

Forbes calculated the cost based on the estimates that one Russian Kh-101 cruise missile costs $13 million, a Kalibr cruise missile costs $ 6.5 million, a Kinzhal ballistic missile costs $15 million, an Iskander costs $3 million, and one Shahed 136 drone costs $50,000, among others.

"Due to the fact that the precise distribution of missiles by type remains unknown, Forbes estimates their total cost at approximately $620 million," the media wrote.

UPDATED: Russia launches mass missile strikes against Kyiv, Kharkiv
Russia launched a large-scale missile attack against Ukraine in the early hours of Jan. 2, targeting Kyiv, Kyiv Oblast, and Kharkiv, local officials reported.
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
12:38 AM

US Ambassador: 'There's no time to lose.'

The U.S. Ambassador to Ukraine Bridget Brink told reporters on Feb. 20 that the U.S. does not "have a plan B" when it comes to the supplemental aid package currently being debated in Congress "because we're focused 100% on plan A."

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
* indicates required
* indicates required
* indicates required
* indicates required
* indicates required
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.