Ynet reports:

Iran’s massive missile attack overnight between Saturday and Sunday on Israel was stopped by Israel’s sophisticated defense systems. It obviously cost a lot of money, and the question, among others that arise the next morning, is how much? Brig. Gen. Reem Aminoach, former financial advisor to the IDF chief of staff, tried to estimate. “The defense tonight was on the order of 4-5 billion shekels,” he said in a conversation with Ynet studio.

“If we’re talking about ballistic missiles that need to be brought down with an Arrow system, cruise missiles that need to be brought down with other missiles, and UAVs, which we actually bring down mainly with airplanes – then add up the costs – $3.5 million for an Arrow missile, $1 million for a David’s Sling, such and such costs for airplanes. An order of magnitude of 4-5 billion shekels,” he said.

“What is significant is above all the insight that says: ‘Let’s figure out how much it cost the Iranians.’ And you want to be prepared for the number of attacks. So, you have to try to understand what amount of defense we need. Let’s say that if the IDF’s net budget in 2023 was 60 billion shekels, with less than double that you have no chance of reaching a situation where you are able to maintain the required amounts.” [Continue reading…]