Amid Tension over the Falklands, the Government Plans to Invest $3.5 Billion in Submarines and Frigates
10 Articles
10 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 Government of Argentina plans to take international loans totalling $3.5 billion to acquire three submarines and two frigates for its naval force, as reflected in the draft Budget 2027 submitted by the Executive to Parliament.
The Draft Budget 2027 that the government of Javier Milei sent to the Chamber of Deputies this Tuesday details the items for Defense, Sovereign Diplomacy and Antarctic Logistics. In a timely way, in the text of the initiative, the Rosada House projected an increase for expenses for this sector regarding 2026, and enables [...] The entry Investing USD 3,500 million in submarines and frigates in the rise of the conflict by Malvinas was first publi…
By Daniel Romero The Budget 2027 project allows credit operations of US$3.5 billion to incorporate three conventional submarines and two multimission frigates, in addition to allocating resources for naval helicopters, ammunition, aerospace capabilities, radars and satellite technology, which is remarkable. The reequipment acquires special relevance in moments of renewed tension by Malvinas, but [...]
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.
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