Recentreports in the Argentine press indicate that the country has plans to purchase over $2 billion worth of military equipment over the next few years. In a letter leaked to El Destape, Argentine ambassador to the U.S., Martin Lousteau, listed equipment needed by the Argentine Army and Air Force to conduct peacekeeping missions, combat terrorism, and counter illegal trafficking. Thelist, which would be the envy of even the best-equipped militaries, included F-16 fighter jets, Stryker armored vehicles, air surveillance radar systems, AH-1 Cobra Helicopters, UH-60 and CH-47 transport helicopters, and anti-tank weaponry. Continue reading →
Defense spending in Latin America will remain strong between 2017 and 2021. While allocations will not be as high as in other regions, economies are expected to slowly improve after years of commodity price declines, giving governments more resources for defense. At the same time, governments will continue to battle violent gangs and illegal trafficking. Continue reading →
Argentina IA-58 Pucara. Source: Wikipedia/Rob Schleiffert
Argentine Minister of Defense Julio Martinez has ruled out the purchase of supersonic fighter jets for the Argentine Air Force. The defense minister made his announcement on February 1 during an interview with Argentina’s Radio El Mundo.
Argentina has been searching for new supersonic fighter jets since it retired its Mirage IIIs in November 2015. The search has been wide-ranging, with Buenos Aires searching the world for both new and secondhand fighters. Continue reading →
While Argentina does not face the same level of internal and external threats that some other Latin American countries do, defense spending has steadily increased in terms of Argentinean pesos. Both Kirchner administrations were somewhat amenable to increasing defense spending. Furthermore, President Néstor Kirchner made revitalization of the nation’s defense industry a priority, and a significant portion of the extra funds were directed toward this end. The extra allocations were divided equally among the three services. Continue reading →