IBOV 176,845 ▲ 2.37% IPSA 10,989 ▼ 0.33% IPC MEX 66,785 ▲ 1.03% MERVAL 3,225,167 ▲ 0.71% COLCAP 2,287.04 ▼ 0.25% BVL PERÚ 56,194.27 ▲ 1.15% USD/BRL5.11▼ 0.14% USD/MXN17.51▼ 0.19% USD/CLP925.60▼ 0.23% USD/COP3,238▼ 3.15% USD/PEN3.39▼ 0.30% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.20% USD/PYG6,055▲ 1.53% USD/BOB10.14▲ 4.01% USD/DOP58.48▼ 0.12% USD/CRC448.82▲ 1.40% USD/GTQ7.63▲ 2.28% USD/HNL26.72▲ 1.50% USD/NIO36.62▲ 0.26% USD/VES707.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.09▲ 0.81% USD/TTD6.75▲ 1.32% EUR/BRL5.84▼ 0.98% BRENT 76.34 ▲ 0.05% WTI 71.84 ▼ 0.33% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.95% GOLD 4,111 ▼ 0.48% SILVER 60.07 ▼ 0.52% SOY 1,187 ▲ 0.64% CORN 456.25 ▲ 6.66% WHEAT 645.00 ▲ 5.52% COFFEE 327.25 ▼ 8.32% SUGAR 14.83 ▼ 1.92% ORANGE JUICE 147.35 ▼ 1.70% COTTON 80.08 ▲ 5.15% COCOA 6,042 ▼ 4.23% BEEF 230.65 ▼ 1.96% CATTLE 355.28 ▼ 0.25% LITHIUM 72.10 ▼ 1.00% PETR4 39.57 ▲ 0.92% VALE3 74.36 ▲ 1.65% ITUB4 43.86 ▲ 2.98% BBDC4 18.61 ▲ 3.39% ABEV3 15.87 ▲ 0.95% BBAS3 20.46 ▲ 2.30% B3SA3 15.37 ▲ 3.92% WEGE3 46.66 ▲ 2.01% PRIO3 55.44 ▼ 0.31% SUZB3 41.76 ▲ 1.78% RENT3 40.74 ▲ 3.40% AZZA3 18.98 ▲ 2.82% CSAN3 3.97 ▲ 2.85% RAIZ4 0.36 ▼ 2.70% PCAR3 2.78 ▲ 0.72% GMAT3 4.01 ▲ 2.04% PSSA3 54.14 ▲ 1.48% CVCB3 1.26 ▲ 0.80% POSI3 3.99 ▲ 3.64% SLCE3 13.90 ▲ 0.80% NATU3 8.50 ▲ 0.47% BRKM5 6.42 ▲ 0.94% RANI3 7.99 ▲ 1.65% CSNA3 5.08 ▲ 5.83% CMIN3 5.09 ▲ 5.38% USIM5 8.42 ▲ 0.84% GGBR4 23.07 ▲ 2.62% ENEV3 26.83 ▲ 2.40% CPFE3 47.27 ▲ 2.12% CMIG4 11.33 ▲ 2.26% EQTL3 40.64 ▲ 2.86% LREN3 14.70 ▲ 3.89% VIVT3 35.60 ▲ 3.19% RAIL3 13.96 ▲ 1.53% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.68 ▲ 3.03% RDOR3 36.06 ▲ 2.59% HAPV3 10.47 ▲ 3.97% FLRY3 16.25 ▲ 3.17% SMTO3 16.00 ▼ 0.31% UGPA3 30.66 ▲ 1.86% VBBR3 32.69 ▲ 1.84% BBSE3 39.85 ▲ 1.45% BPAC11 57.33 ▲ 2.96% CURY3 33.91 ▲ 3.70% AERI3 2.08 ▲ 0.97% VIVARA 22.94 ▲ 1.59% COMPASS 25.02 ▲ 1.38% VAMOS 3.05 ▲ 3.04% SANB11 27.24 ▲ 3.77% ASAI3 8.87 ▲ 4.85% SBSP3 30.98 ▲ 3.27% WALMEX 49.44 ▲ 0.86% GMEXICO 196.59 ▲ 0.64% FEMSA 224.59 ▲ 1.00% CEMEX 22.15 ▲ 2.03% GFNORTE 189.14 ▲ 2.04% BIMBO 56.15 ▲ 0.39% TELEVISA 9.62 ▲ 1.37% AMX 23.06 ▲ 1.86% GAP 411.61 ▼ 0.51% ASUR 283.48 ▼ 0.05% OMA 238.45 ▲ 0.19% KOF 183.42 ▲ 1.39% GRUMA 285.66 ▲ 1.19% KIMBER 38.31 ▼ 0.34% SQM-B 67,650 ▼ 2.10% COPEC 5,990 ▼ 0.50% BSANTANDER 77.96 ▲ 0.59% FALABELLA 5,862 ▲ 0.19% ENELAM 85.00 ▲ 1.00% CENCOSUD 2,060 ▲ 0.17% CMPC 1,108 ▲ 1.21% BANCO CHILE 188.27 ▲ 0.68% LATAM AIR 26.26 ▼ 0.53% YPF 74,150 ▼ 2.14% GGAL 8,090 ▲ 2.67% PAMPA 5,170 ▼ 0.67% TXAR 660.00 ▼ 0.68% ALUAR 971.50 ▲ 0.31% TGS 9,500 ▲ 2.04% CEPU 2,295 ▼ 0.86% MIRGOR 17,025 ▼ 1.02% COME 45.50 ▲ 0.18% LOMA NEGRA 3,500 ▲ 0.07% BYMA 311.50 ▲ 0.57% TELECOM ARG 4,145 ▲ 0.61% ECOPETROL 15.21 ▼ 1.17% BANCOLOMBIA 82.61 ▲ 2.08% GRUPO AVAL 5.07 ▲ 0.90% CREDICORP 400.87 ▲ 2.28% SOUTHERN COPPER 176.12 ▲ 0.97% BUENAVENTURA 30.10 ▲ 1.86% MERCADOLIBRE 1,870 ▲ 3.41% NUBANK 14.00 ▲ 2.41% XP 17.09 ▲ 4.14% PAGSEGURO 9.37 ▲ 4.06% STONE 11.24 ▲ 2.56% GLOBANT 30.80 ▼ 1.57% TECNOGLASS 43.93 ▲ 1.83% GAP AIRPORT 235.21 ▲ 0.32% ASUR 283.48 ▼ 0.05% OMA AIRPORT 109.01 ▲ 0.63% AMX ADR 26.29 ▲ 1.74% FEMSA ADR 128.23 ▲ 0.96% CEMEX ADR 12.63 ▲ 2.06% PETROBRAS ADR 17.19 ▲ 0.94% VALE ADR 14.52 ▲ 2.07% ITAU ADR 8.59 ▲ 3.74% SANTANDER BR 5.40 ▲ 4.96% AMBEV ADR 3.09 ▲ 1.48% CSN 1.00 ▲ 4.63% GERDAU 4.53 ▲ 2.72% LATAM ADR 56.61 ▼ 0.76% BTC 63,943 ▲ 1.19% ETH 1,785 ▲ 2.34% SOL 77.92 ▼ 0.16% XRP 1.10 ▲ 0.70% BNB 571.92 ▲ 0.61% ADA 0.17 ▼ 0.55% DOGE 0.07 ▲ 1.25% AVAX 6.70 ▲ 0.26% LINK 7.90 ▲ 2.14% DOT 0.87 ▲ 5.56% LTC 44.49 ▲ 1.66% BCH 248.58 ▲ 4.55% TRX 0.33 ▼ 0.37% XLM 0.19 ▲ 1.28% HBAR 0.07 ▲ 0.21% NEAR 1.89 ▼ 1.38% ATOM 1.57 ▲ 1.43% AAVE 94.38 ▲ 3.42% SELIC 14.25% EMBRAER 84.79 ▲ 1.11% EMBRAER ADR 66.40 ▲ 1.31% JBS 11.92 ▲ 1.58% JBS BDR 60.81 ▲ 1.27% MBRF3 15.85 ▲ 2.86% MBRFY 3.03 ▲ 1.00% INTER 5.90 ▲ 3.39% IBOV 176,845 ▲ 2.37% IPSA 10,989 ▼ 0.33% IPC MEX 66,785 ▲ 1.03% MERVAL 3,225,167 ▲ 0.71% COLCAP 2,287.04 ▼ 0.25% BVL PERÚ 56,194.27 ▲ 1.15% USD/BRL 5.11 ▼ 0.14% USD/MXN 17.51 ▼ 0.19% USD/CLP 925.60 ▼ 0.23% USD/COP 3,238 ▼ 3.15% USD/PEN 3.39 ▼ 0.29% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.20% USD/PYG 6,055 ▲ 1.53% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.48 ▼ 0.12% USD/CRC 448.82 ▲ 1.40% USD/GTQ 7.63 ▲ 2.28% USD/HNL 26.72 ▲ 1.50% USD/NIO 36.62 ▲ 0.26% USD/VES 707.92 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.09 ▲ 0.81% USD/TTD 6.75 ▲ 1.32% EUR/BRL 5.84 ▼ 0.96% BRENT 76.34 ▲ 0.05% WTI 71.84 ▼ 0.33% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.95% GOLD 4,111 ▼ 0.48% SILVER 60.07 ▼ 0.52% SOY 1,187 ▲ 0.64% CORN 456.25 ▲ 6.66% WHEAT 645.00 ▲ 5.52% COFFEE 327.25 ▼ 8.32% SUGAR 14.83 ▼ 1.92% ORANGE JUICE 147.35 ▼ 1.70% COTTON 80.08 ▲ 5.15% COCOA 6,042 ▼ 4.23% BEEF 230.65 ▼ 1.96% CATTLE 355.28 ▼ 0.25% LITHIUM 72.10 ▼ 1.00% PETR4 39.57 ▲ 0.92% VALE3 74.36 ▲ 1.65% ITUB4 43.86 ▲ 2.98% BBDC4 18.61 ▲ 3.39% ABEV3 15.87 ▲ 0.95% BBAS3 20.46 ▲ 2.30% B3SA3 15.37 ▲ 3.92% WEGE3 46.66 ▲ 2.01% PRIO3 55.44 ▼ 0.31% SUZB3 41.76 ▲ 1.78% RENT3 40.74 ▲ 3.40% AZZA3 18.98 ▲ 2.82% CSAN3 3.97 ▲ 2.85% RAIZ4 0.36 ▼ 2.70% PCAR3 2.78 ▲ 0.72% GMAT3 4.01 ▲ 2.04% PSSA3 54.14 ▲ 1.48% CVCB3 1.26 ▲ 0.80% POSI3 3.99 ▲ 3.64% SLCE3 13.90 ▲ 0.80% NATU3 8.50 ▲ 0.47% BRKM5 6.42 ▲ 0.94% RANI3 7.99 ▲ 1.65% CSNA3 5.08 ▲ 5.83% CMIN3 5.09 ▲ 5.38% USIM5 8.42 ▲ 0.84% GGBR4 23.07 ▲ 2.62% ENEV3 26.83 ▲ 2.40% CPFE3 47.27 ▲ 2.12% CMIG4 11.33 ▲ 2.26% EQTL3 40.64 ▲ 2.86% LREN3 14.70 ▲ 3.89% VIVT3 35.60 ▲ 3.19% RAIL3 13.96 ▲ 1.53% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.68 ▲ 3.03% RDOR3 36.06 ▲ 2.59% HAPV3 10.47 ▲ 3.97% FLRY3 16.25 ▲ 3.17% SMTO3 16.00 ▼ 0.31% UGPA3 30.66 ▲ 1.86% VBBR3 32.69 ▲ 1.84% BBSE3 39.85 ▲ 1.45% BPAC11 57.33 ▲ 2.96% CURY3 33.91 ▲ 3.70% AERI3 2.08 ▲ 0.97% VIVARA 22.94 ▲ 1.59% COMPASS 25.02 ▲ 1.38% VAMOS 3.05 ▲ 3.04% SANB11 27.24 ▲ 3.77% ASAI3 8.87 ▲ 4.85% SBSP3 30.98 ▲ 3.27% WALMEX 49.44 ▲ 0.86% GMEXICO 196.59 ▲ 0.64% FEMSA 224.59 ▲ 1.00% CEMEX 22.15 ▲ 2.03% GFNORTE 189.14 ▲ 2.04% BIMBO 56.15 ▲ 0.39% TELEVISA 9.62 ▲ 1.37% AMX 23.06 ▲ 1.86% GAP 411.61 ▼ 0.51% ASUR 283.48 ▼ 0.05% OMA 238.45 ▲ 0.19% KOF 183.42 ▲ 1.39% GRUMA 285.66 ▲ 1.19% KIMBER 38.31 ▼ 0.34% SQM-B 67,650 ▼ 2.10% COPEC 5,990 ▼ 0.50% BSANTANDER 77.96 ▲ 0.59% FALABELLA 5,862 ▲ 0.19% ENELAM 85.00 ▲ 1.00% CENCOSUD 2,060 ▲ 0.17% CMPC 1,108 ▲ 1.21% BANCO CHILE 188.27 ▲ 0.68% LATAM AIR 26.26 ▼ 0.53% YPF 74,150 ▼ 2.14% GGAL 8,090 ▲ 2.67% PAMPA 5,170 ▼ 0.67% TXAR 660.00 ▼ 0.68% ALUAR 971.50 ▲ 0.31% TGS 9,500 ▲ 2.04% CEPU 2,295 ▼ 0.86% MIRGOR 17,025 ▼ 1.02% COME 45.50 ▲ 0.18% LOMA NEGRA 3,500 ▲ 0.07% BYMA 311.50 ▲ 0.57% TELECOM ARG 4,145 ▲ 0.61% ECOPETROL 15.21 ▼ 1.17% BANCOLOMBIA 82.61 ▲ 2.08% GRUPO AVAL 5.07 ▲ 0.90% CREDICORP 400.87 ▲ 2.28% SOUTHERN COPPER 176.12 ▲ 0.97% BUENAVENTURA 30.10 ▲ 1.86% MERCADOLIBRE 1,870 ▲ 3.41% NUBANK 14.00 ▲ 2.41% XP 17.09 ▲ 4.14% PAGSEGURO 9.37 ▲ 4.06% STONE 11.24 ▲ 2.56% GLOBANT 30.80 ▼ 1.57% TECNOGLASS 43.93 ▲ 1.83% GAP AIRPORT 235.21 ▲ 0.32% ASUR 283.48 ▼ 0.05% OMA AIRPORT 109.01 ▲ 0.63% AMX ADR 26.29 ▲ 1.74% FEMSA ADR 128.23 ▲ 0.96% CEMEX ADR 12.63 ▲ 2.06% PETROBRAS ADR 17.19 ▲ 0.94% VALE ADR 14.52 ▲ 2.07% ITAU ADR 8.59 ▲ 3.74% SANTANDER BR 5.40 ▲ 4.96% AMBEV ADR 3.09 ▲ 1.48% CSN 1.00 ▲ 4.63% GERDAU 4.53 ▲ 2.72% LATAM ADR 56.61 ▼ 0.76% BTC 63,943 ▲ 1.19% ETH 1,785 ▲ 2.34% SOL 77.92 ▼ 0.16% XRP 1.10 ▲ 0.70% BNB 571.92 ▲ 0.61% ADA 0.17 ▼ 0.55% DOGE 0.07 ▲ 1.25% AVAX 6.70 ▲ 0.26% LINK 7.90 ▲ 2.14% DOT 0.87 ▲ 5.56% LTC 44.49 ▲ 1.66% BCH 248.58 ▲ 4.55% TRX 0.33 ▼ 0.37% XLM 0.19 ▲ 1.28% HBAR 0.07 ▲ 0.21% NEAR 1.89 ▼ 1.38% ATOM 1.57 ▲ 1.43% AAVE 94.38 ▲ 3.42% SELIC 14.25% EMBRAER 84.79 ▲ 1.11% EMBRAER ADR 66.40 ▲ 1.31% JBS 11.92 ▲ 1.58% JBS BDR 60.81 ▲ 1.27% MBRF3 15.85 ▲ 2.86% MBRFY 3.03 ▲ 1.00% INTER 5.90 ▲ 3.39%
since 2009
Friday, July 10, 2026

Defense Monitor Analysis

Why It Took Argentina 40 Years to Buy a New Fighter Jet

By · June 15, 2026 · 5 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Argentina · Defense

Key Facts

The purchase. Argentina is buying 24 used F-16 fighter jets from Denmark.

The cost. The deal is worth about $300m for the jets and related equipment.

The long wait. Britain had blocked Argentine fighter deals for decades after the 1982 Falklands War.

The block. London barred any jet carrying British parts, killing several earlier deals.

The unlock. The F-16 cleared the hurdle because it carries an American ejection seat, not a British one.

The first arrivals. The first six jets landed in Argentina in December 2025.

Argentina has finally bought a modern fighter jet, ending a forty-year drought shaped less by money than by the long shadow of a war fought in 1982.

One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
F-16 fighter jet acquired by Argentina from Denmark for its air force
(Photo internet reproduction)
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

For most countries, buying a fighter jet is a question of budgets and engineering. For Argentina, it has been a question of history.

The country has just taken delivery of its first modern combat aircraft in a generation. The jets are used F-16s, bought secondhand from Denmark in a deal worth around three hundred million dollars.

For a reader abroad, the surprise is how long this took. Argentina had been without a capable fighter since it retired its old French Mirage jets back in 2015.

In the years since, the country’s air force shrank into near-irrelevance. A nation the size of Argentina was left without a single modern jet able to police its own vast airspace.

The new aircraft are being based at Río Cuarto, in the central province of Córdoba. They join the air force brigade that once flew the retired Mirages, reviving a long-dormant capability.

The reason for the long gap is not economic alone. It traces directly to a war fought more than forty years ago over a cluster of windswept islands in the South Atlantic.

The veto that blocked every fighter jet

In 1982 Argentina and Britain went to war over the Falkland Islands, which Argentines call the Malvinas. Argentina lost, and the dispute over the islands has never been settled.

Ever since, London has used a quiet but powerful tool. It refuses to allow any weapon containing British-made parts to be sold to Argentina.

That single rule proved remarkably effective. Modern fighter jets are international products, and British components turn up inside aircraft from many different countries.

One by one, Argentina’s options fell away. Deals for Swedish, Israeli and South Korean jets all collapsed because each aircraft relied on some British part London would not clear.

How the deadlock finally broke

The breakthrough came from an unlikely direction. The F-16 cleared the hurdle because its ejection seat is American-made, sidestepping the British component that had sunk other bids.

Politics did the rest of the work. Washington pushed the deal forward, alarmed that Argentina had begun flirting with buying Chinese-designed jets instead.

That threat focused minds in Washington. American officials judged it better to supply a Western aircraft than to let Beijing gain a foothold in the region’s skies.

The pressure on London was reportedly blunt. According to accounts in the British press, Foreign Office officials were told in clear terms not to stand in the way of the sale.

The United States approved the transfer of the Danish jets in 2023. It then leaned on Britain to drop its objections, which London duly did.

For Argentina’s government, the arrival was a moment of pride. President Javier Milei hailed the jets as the new guardians of the country’s airspace when the first six touched down.

A fighter jet with limits built in

Even in victory, the old conflict left its mark. Reports in Argentina suggest the jets come with capabilities quietly restricted at Britain’s request.

The limits are said to be built into the software rather than the hardware. The aircraft’s targeting radar is reportedly capped at a far shorter range than the F-16 would normally manage.

The purpose is plain enough. A shorter reach keeps the jets from posing a credible threat to British defenses around the Falklands, even decades after the war.

Such restrictions are not unusual in the arms trade. Suppliers routinely attach conditions to sales, allowing one country to shape how another can use the weapons it buys.

For a foreign reader, the episode is a neat study in modern power. It shows how a decades-old grievance can still steer a defense deal long after the fighting has stopped.

It also marks a careful turn in Argentina’s foreign policy. By choosing a Western jet over a Chinese one, the Milei government has signalled which way it wants to lean.

The jets themselves are no longer cutting-edge. They are older models, outclassed by the stealth fighters Britain now stations in the South Atlantic, but for Argentina they are a leap forward all the same.

Frequently Asked Questions

What fighter jets is Argentina buying?

Argentina is acquiring 24 used F-16 fighter jets from Denmark in a deal worth about three hundred million dollars. The first six arrived in December 2025, with the rest to follow.

Why did it take so long?

Since the 1982 Falklands War, Britain has blocked any fighter sale to Argentina involving British parts. That quietly killed several earlier deals for Swedish, Israeli and South Korean aircraft.

Why was the F-16 allowed?

The F-16 uses an American ejection seat rather than a British one, sidestepping the veto. Washington also approved the transfer and pressed Britain to stand aside, partly to keep Argentina from buying Chinese jets.

Connected Coverage

How a U.S. veto on the Gripen rattled regional defense plans

How Brazil turned a fighter deal into an aerospace industry

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.