Russia spent up to $700 million on rockets fired at Ukraine in just one day

Russia spent up to $700 million on missiles to launch a spate of airstrikes on several Ukrainian cities on Monday, according to a report.

Earlier this week, Russia fired 83 cruise missiles at Ukraine in what President Vladimir Putin said was in response to last Saturday’s bombing of a key bridge in the Crimean peninsula. At least 45 rockets were reportedly launched by Ukraine’s armed forces.

It is estimated that Russia has spent between $400 million and $700 million on missiles fired at Ukraine, Forbes Ukraine reported. The outlet noted that its estimates were within a wide potential price range, largely because it’s unclear how many types of missiles were used by Russia in the barrage. Citing data used in the estimates, the publication said the missile types used in Monday’s attacks were the Kh-101, Kh-555, Caliber, Iskander, S-300 and Tornado-S.

To determine the cost of the missiles used, Forbes Ukraine used the following estimates: Kh-101 ($13 million), Kalibr ($6.5 million), Iskander ($3 million), Oniks (1 $.25 million), Kh-22 ($1 million) and Tochka-U ($0.3 million).

Before Monday, Russia’s largest spending on missiles was in the first two months of the war. At the time, Ukraine’s Deputy Defense Minister Anna Malyar said Russia had fired more than 1,300 missiles at Ukraine, costing Moscow $7.5 billion, according to Forbes estimates.

Russia then carried out a massive attack on Ukrainian cities in June, launching 60 to 80 missiles at a total cost of $150 to $220 million, the publication noted.

The outlet’s latest estimates come a day after Russian forces began shelling several Ukrainian areas stretching from Lviv Oblast in the west to Kharkiv in the east. On Tuesday morning, Ukraine’s State Emergency Service reported that 19 civilians died and 105 were injured in Monday’s strikes. More than 300 settlements across the country remain without power as a result of the barrage.

Russia unleashed another round of shelling on Ukraine on Tuesday. Air sirens were installed in Kyiv, Sumy, Kharkivska, Poltava, Dnipropetrovsk, Zaporizhia, Luhansk, Donetsk, Vinnytsia, Mykolaivska, Odessa, Chernihivska, Zhytomyrska, Cherkassy, ​​Khmelnytskyi, Chernivtsi, Volynska, Lviv, Zakarpattia, Rivne, Ivano-Frankivsk and Kherson regions, reports said.

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