Iranian strikes on military bases used by the US in the Middle East caused about $800 million (£600 million) in damage in the first two weeks of the war, according to a new analysis. Much of the damage was inflicted during the initial retaliatory strikes by Iran following the commencement of hostilities between the US, Israel, and Iran. While the precise extent of the damage remains uncertain, the report sheds light on the substantial costs incurred by the US amidst escalating conflict.

Mark Cancian, a senior adviser at CSIS, noted that damage assessments of US bases have been underreported, emphasizing the necessity for further information. Retaliatory strikes by Iran have particularly targeted US air defense and satellite communication systems in various locations across the Middle East.

Significant damage has been reported at the AN/TPY-2 radar system at a military base in Jordan, which alone is estimated to have cost approximately $485 million. Additional damages stretching upwards of $310 million involved buildings and facilities on US bases.

Iran’s campaign has focused on multiple air bases across the region, with reconstructions from satellite imagery showing fresh damage over different conflict phases. The US has also confirmed a tragic loss of 13 military service members since the initiation of hostilities.

As hostilities continue, the economic ramifications extend beyond military costs; tensions in the Strait of Hormuz pose threats to global economic stability. The US Department of Defense has indicated a need for approximately $200 billion in additional funding for wartime operations, revealing the escalating scale of military expenditures as the situation develops.