US Spent Estimated $4 Billion on Initial Strikes on Iran

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000War With Iran:Explosions in Tehran on March 1.The US used as much as $4 billion worth of munitions in the first 72 hours of its attacks against Iran, including about 400 cruise missiles and 800 air defense interceptors, according to estimates from German defense giant Rheinmetall AG.The numbers, released in the company’s earnings presentation on Wednesday, were drawn from “publicly available sources and in-house assumptions,” the slides said. Other reports have put the munitions cost for the first two days of the conflict higher, at as much as $5.6 billion.