Amid Tension over the Falklands, the Government Plans to Invest $3.5 Billion in Submarines and Frigates
7 Articles
7 Articles
The forecast for 2027 stipulates the largest naval investment in decades, which adds to the policy of rearmament with the acquisition of F-16 and Black Hawks helicopters
The project includes Antarctic investments and credits for USD 3.5 billion to buy two frigates and three submarines. But Ushuaia’s work is not mentioned in the budget, its annexes or in public credit authorizations.
This is $3.5 billion for three submarines and frigates.
In the midst of the latent claim of sovereignty over the Malvinas Islands, the Government of Javier Milei sent this week the Draft Budget 2027 to the Chamber of Deputies which contemplates an increase of 24.4% in the items for defense over last year. Punctually, the text enables the taking of a debt by...
The plan contemplates new additions for the Navy and the Air Force, such as F-16, helicopters and surveillance systems. In this regard, Minister Carlos Presti said the objective is to “robust our defense system” and that the claim for Malvinas will continue “through diplomatic and peaceful means.” Read more
The draft Budget 2027 sent to Congress authorizes the Executive to take debt for US$2.3 billion to incorporate three conventional submarines that will be destined for the Mar del Plata Naval Base. It also includes another US$1.2 billion for two multimission frigates.
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