Scholars at the University of Economics of Azerbaijan have recently calculated the cost of Armenia’s military material loss in the wake of the latest war in Azerbaijan’s internationally recognized Karabakh region.
The total cost of the Armenian army’s military equipment destroyed and captured by the Azerbaijani forces during the war is estimated to be $4.008 billion, according to data compiled by the researchers at the Economic Research Institute of the university.
President Ilham Aliyev of Azerbaijan revealed the complete list of Armenia’s military materiel neutralized throughout the recent war, which ended with a decisive victory for Azerbaijan. President Aliyev mentioned 53 anti-tank weapons, 4 “Smerch” heavy multiple rocket launchers, 2 “Elbrus” tactical-operational missile systems, 97 “Grad” truck-mounted multiple rocket launchers, 2 “Uragan” self-propelled multiple rocket launchers, 1 “TOS” thermobaric weapon, 7 “S-300” anti-aircraft missile system launchers, as well as 5 “TOR” air defense systems, 40 “OSA” air defense systems, 14 “ZASTAVA” air defense systems, 22 unmanned aerial vehicles, 5 radio electronic warfare systems and other types of weaponry in the list.
Azerbaijani army has also annihilated 5 Su-25 attack aircrafts, 287 tanks, 69 infantry fighting vehicles, 28 self-propelled artillery installations “Acacia” and “Carnation”, 315 cannons of various calibers, 63 mortars, 252 trucks, and 10 specialized vehicles, as well as 7 command posts and 11 ammunition depots of Armenia’s troops.