IBOV 169,648 ▼ 0.45% IPSA 10,904 ▲ 0.23% IPC MEX 68,483 ▲ 0.40% MERVAL 3,254,706 ▼ 2.92% COLCAP 2,371.18 ▼ 0.65% BVL PERÚ 56,588.47 ▲ 0.20% USD/BRL5.09▲ 0.07% USD/MXN17.22▲ 0.10% USD/CLP886.95▲ 0.06% USD/COP3,418▼ 2.05% USD/PEN3.41▲ 0.23% USD/ARS1,437▼ 0.02% USD/UYU40.32▲ 0.69% USD/PYG6,069▲ 0.96% USD/BOB6.85▲ 1.65% USD/DOP58.40▲ 0.53% USD/CRC451.13▲ 1.85% USD/GTQ7.61▲ 2.17% USD/HNL26.66▲ 1.30% USD/NIO36.62▲ 0.68% USD/VES595.29▲ 1.47% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.05▲ 0.05% USD/TTD6.76▲ 1.40% EUR/BRL5.90▲ 0.38% BRENT 79.42 ▲ 0.58% WTI 75.84 ▼ 0.28% IRON ORE 161.91 — — COPPER 6.50 ▲ 0.22% GOLD 4,346 ▲ 0.34% SILVER 69.84 ▼ 0.08% SOY 1,157 ▲ 2.41% CORN 418.75 ▲ 1.21% WHEAT 615.00 ▲ 3.19% COFFEE 268.80 ▼ 3.05% SUGAR 14.36 ▲ 3.91% ORANGE JUICE 147.45 ▼ 4.69% COTTON 78.54 ▲ 4.71% COCOA 4,243 ▲ 2.44% BEEF 249.13 ▼ 0.60% CATTLE 367.63 ▲ 1.68% LITHIUM 83.60 ▼ 0.57% PETR4 38.54 ▼ 1.33% VALE3 81.44 ▲ 0.35% ITUB4 40.45 ▲ 0.12% BBDC4 17.66 ▲ 0.06% ABEV3 16.44 ▼ 0.78% BBAS3 19.40 ▲ 0.05% B3SA3 15.04 ▼ 0.66% WEGE3 42.83 ▲ 0.12% PRIO3 56.85 ▼ 0.44% SUZB3 42.93 ▲ 0.80% RENT3 40.96 ▲ 0.76% AZZA3 17.45 ▲ 0.06% CSAN3 3.27 — 0.00% RAIZ4 0.43 ▲ 2.38% PCAR3 1.93 ▲ 9.66% GMAT3 3.91 ▼ 1.01% PSSA3 50.56 ▲ 1.22% CVCB3 1.35 ▼ 2.17% POSI3 3.79 ▲ 1.07% SLCE3 14.04 ▼ 0.57% NATU3 8.58 ▲ 1.18% BRKM5 8.46 ▼ 9.23% RANI3 7.80 ▼ 1.27% CSNA3 6.02 ▼ 1.15% CMIN3 4.35 ▼ 0.91% USIM5 10.13 ▼ 6.20% GGBR4 23.29 ▼ 0.30% ENEV3 24.44 ▼ 2.47% NEOE3 33.80 — 0.00% CPFE3 43.77 ▼ 0.68% CMIG4 10.72 ▼ 0.09% EQTL3 37.60 ▼ 2.13% LREN3 14.89 ▼ 2.74% VIVT3 33.58 ▲ 1.33% RAIL3 13.03 ▼ 1.81% KLABIN 17.06 ▼ 0.29% RAIA DROGASIL 17.67 ▲ 2.20% RDOR3 34.08 ▲ 0.83% HAPV3 11.21 ▼ 1.84% FLRY3 14.80 ▼ 1.20% SMTO3 15.97 ▼ 0.93% UGPA3 23.88 ▼ 0.91% VBBR3 27.92 ▼ 2.85% BBSE3 38.19 ▲ 1.09% BPAC11 50.70 ▼ 0.35% CURY3 32.70 ▼ 1.15% AERI3 2.31 ▼ 1.28% VIVARA 21.00 ▼ 2.73% COMPASS 24.99 ▼ 0.28% VAMOS 2.86 ▼ 4.03% SANB11 27.09 — 0.00% ASAI3 7.89 ▼ 1.00% SBSP3 27.80 ▼ 0.25% WALMEX 52.22 ▼ 0.80% GMEXICO 214.40 ▼ 0.01% FEMSA 219.27 ▲ 1.06% CEMEX 22.36 ▲ 0.54% GFNORTE 189.94 ▲ 1.24% BIMBO 58.00 ▼ 0.15% TELEVISA 10.25 ▲ 0.69% AMX 23.12 ▼ 0.99% GAP 431.45 ▲ 1.62% ASUR 305.18 ▲ 1.39% OMA 240.87 ▲ 2.59% KOF 183.50 ▼ 0.62% GRUMA 291.64 ▲ 0.06% KIMBER 37.86 ▲ 1.28% SQM-B 73,899 ▼ 0.34% COPEC 6,028 ▲ 0.47% BSANTANDER 74.00 ▲ 0.01% FALABELLA 6,094 ▲ 2.08% ENELAM 78.00 ▼ 1.27% CENCOSUD 2,185 ▼ 3.95% CMPC 1,050 ▼ 0.76% BANCO CHILE 179.60 ▼ 0.50% LATAM AIR 24.49 ▼ 0.45% YPF 76,750 ▼ 7.97% GGAL 8,160 ▼ 0.61% PAMPA 5,110 ▼ 3.40% TXAR 682.50 ▼ 2.43% ALUAR 985.00 ▼ 4.28% TGS 9,405 ▼ 4.90% CEPU 2,372 ▲ 0.04% MIRGOR 16,950 ▼ 1.17% COME 43.88 ▼ 2.45% LOMA NEGRA 3,600 ▼ 3.68% BYMA 303.25 ▼ 0.49% TELECOM ARG 4,398 ▼ 3.46% ECOPETROL 15.80 ▲ 0.70% BANCOLOMBIA 79.25 ▼ 1.11% GRUPO AVAL 5.47 — 0.00% CREDICORP 364.28 ▲ 0.54% SOUTHERN COPPER 194.53 ▲ 0.68% BUENAVENTURA 35.96 ▲ 3.16% MERCADOLIBRE 1,674 ▲ 1.68% NUBANK 12.72 ▲ 2.33% XP 15.68 ▼ 0.82% PAGSEGURO 8.98 ▲ 1.24% STONE 10.99 — 0.00% GLOBANT 36.63 ▼ 0.65% TECNOGLASS 44.85 ▲ 2.21% GAP AIRPORT 250.58 ▲ 1.26% ASUR 305.18 ▲ 1.39% OMA AIRPORT 111.73 ▲ 2.50% AMX ADR 26.78 ▼ 1.47% FEMSA ADR 126.88 ▲ 0.43% CEMEX ADR 12.98 ▲ 0.70% PETROBRAS ADR 17.05 ▼ 1.67% VALE ADR 15.98 ▼ 0.13% ITAU ADR 7.94 ▼ 0.13% SANTANDER BR 5.41 — 0.00% AMBEV ADR 3.20 ▼ 1.54% CSN 1.21 ▼ 0.82% GERDAU 4.62 ▼ 1.07% LATAM ADR 55.01 ▲ 0.27% BTC 64,791 ▼ 1.23% ETH 1,764 ▼ 1.45% SOL 72.08 ▼ 1.82% XRP 1.19 ▼ 1.95% BNB 603.92 ▼ 0.07% ADA 0.17 ▼ 1.71% DOGE 0.09 ▼ 1.41% AVAX 6.81 ▼ 0.87% LINK 8.16 ▼ 1.29% DOT 1.01 ▼ 0.37% LTC 45.03 ▼ 1.32% BCH 211.35 ▼ 1.93% TRX 0.32 ▲ 0.99% XLM 0.22 ▲ 3.84% HBAR 0.08 ▼ 0.44% NEAR 2.29 ▼ 0.80% ATOM 1.98 ▼ 0.54% AAVE 74.76 ▼ 1.46% SELIC 14.50% EMBRAER 76.27 ▼ 2.21% EMBRAER ADR 59.92 ▼ 2.57% JBS 12.30 ▲ 0.90% JBS BDR 62.77 ▲ 2.15% MBRF3 15.96 ▲ 1.14% MBRFY 3.09 ▲ 0.10% INTER 5.77 ▼ 0.86% EGX 52,622 ▲ 1.10% USD/ZAR16.23▲ 0.22% USD/NGN 1,356 — 0.00% NIKKEI 69,902 ▲ 0.72% CSI300 4,931 ▲ 0.97% HSI 24,312 ▼ 0.74% NIFTY 24,086 ▲ 0.40% KOSPI 8,864 ▲ 1.58% JCI 6,221 ▼ 0.55% USD/JPY160.30▼ 0.10% USD/CNY6.76▲ 0.03% DAX 24,900 ▼ 0.04% CAC 8,461 ▲ 0.16% FTSE 10,492 ▼ 0.02% MIB 52,466 ▲ 0.06% IBEX 19,253 ▲ 0.47% STOXX 638.00 ▲ 0.31% EUR/USD1.16▼ 0.15% GBP/USD1.34▼ 0.10% SPX 7,511 ▼ 0.57% DJI 52,000 ▲ 0.64% NDX 29,968 ▼ 1.89% RUT 2,939 ▼ 0.87% TSX 35,390 ▲ 0.32% VIX 16.39 ▼ 0.12% USD/CAD1.40▲ 0.14% US10Y 4.4280 ▼ 0.92% IBOV 169,648 ▼ 0.45% IPSA 10,904 ▲ 0.23% IPC MEX 68,483 ▲ 0.40% MERVAL 3,254,706 ▼ 2.92% COLCAP 2,371.18 ▼ 0.65% BVL PERÚ 56,588.47 ▲ 0.20% USD/BRL 5.09 ▲ 0.07% USD/MXN 17.22 ▲ 0.10% USD/CLP 886.95 ▲ 0.06% USD/COP 3,418 ▼ 2.05% USD/PEN 3.41 ▲ 0.23% USD/ARS 1,437 ▼ 0.02% USD/UYU 40.32 ▲ 0.69% USD/PYG 6,069 ▲ 0.96% USD/BOB 6.85 ▲ 1.65% USD/DOP 58.40 ▲ 0.53% USD/CRC 451.13 ▲ 1.85% USD/GTQ 7.61 ▲ 2.17% USD/HNL 26.66 ▲ 1.30% USD/NIO 36.62 ▲ 0.68% USD/VES 595.29 ▲ 1.47% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.05 ▲ 0.05% USD/TTD 6.76 ▲ 1.45% EUR/BRL 5.90 ▲ 0.38% BRENT 79.42 ▲ 0.58% WTI 75.84 ▼ 0.28% IRON ORE 161.91 — — COPPER 6.50 ▲ 0.22% GOLD 4,346 ▲ 0.34% SILVER 69.84 ▼ 0.08% SOY 1,157 ▲ 2.41% CORN 418.75 ▲ 1.21% WHEAT 615.00 ▲ 3.19% COFFEE 268.80 ▼ 3.05% SUGAR 14.36 ▲ 3.91% ORANGE JUICE 147.45 ▼ 4.69% COTTON 78.54 ▲ 4.71% COCOA 4,243 ▲ 2.44% BEEF 249.13 ▼ 0.60% CATTLE 367.63 ▲ 1.68% LITHIUM 83.60 ▼ 0.57% PETR4 38.54 ▼ 1.33% VALE3 81.44 ▲ 0.35% ITUB4 40.45 ▲ 0.12% BBDC4 17.66 ▲ 0.06% ABEV3 16.44 ▼ 0.78% BBAS3 19.40 ▲ 0.05% B3SA3 15.04 ▼ 0.66% WEGE3 42.83 ▲ 0.12% PRIO3 56.85 ▼ 0.44% SUZB3 42.93 ▲ 0.80% RENT3 40.96 ▲ 0.76% AZZA3 17.45 ▲ 0.06% CSAN3 3.27 — 0.00% RAIZ4 0.43 ▲ 2.38% PCAR3 1.93 ▲ 9.66% GMAT3 3.91 ▼ 1.01% PSSA3 50.56 ▲ 1.22% CVCB3 1.35 ▼ 2.17% POSI3 3.79 ▲ 1.07% SLCE3 14.04 ▼ 0.57% NATU3 8.58 ▲ 1.18% BRKM5 8.46 ▼ 9.23% RANI3 7.80 ▼ 1.27% CSNA3 6.02 ▼ 1.15% CMIN3 4.35 ▼ 0.91% USIM5 10.13 ▼ 6.20% GGBR4 23.29 ▼ 0.30% ENEV3 24.44 ▼ 2.47% NEOE3 33.80 — 0.00% CPFE3 43.77 ▼ 0.68% CMIG4 10.72 ▼ 0.09% EQTL3 37.60 ▼ 2.13% LREN3 14.89 ▼ 2.74% VIVT3 33.58 ▲ 1.33% RAIL3 13.03 ▼ 1.81% KLABIN 17.06 ▼ 0.29% RAIA DROGASIL 17.67 ▲ 2.20% RDOR3 34.08 ▲ 0.83% HAPV3 11.21 ▼ 1.84% FLRY3 14.80 ▼ 1.20% SMTO3 15.97 ▼ 0.93% UGPA3 23.88 ▼ 0.91% VBBR3 27.92 ▼ 2.85% BBSE3 38.19 ▲ 1.09% BPAC11 50.70 ▼ 0.35% CURY3 32.70 ▼ 1.15% AERI3 2.31 ▼ 1.28% VIVARA 21.00 ▼ 2.73% COMPASS 24.99 ▼ 0.28% VAMOS 2.86 ▼ 4.03% SANB11 27.09 — 0.00% ASAI3 7.89 ▼ 1.00% SBSP3 27.80 ▼ 0.25% WALMEX 52.22 ▼ 0.80% GMEXICO 214.40 ▼ 0.01% FEMSA 219.27 ▲ 1.06% CEMEX 22.36 ▲ 0.54% GFNORTE 189.94 ▲ 1.24% BIMBO 58.00 ▼ 0.15% TELEVISA 10.25 ▲ 0.69% AMX 23.12 ▼ 0.99% GAP 431.45 ▲ 1.62% ASUR 305.18 ▲ 1.39% OMA 240.87 ▲ 2.59% KOF 183.50 ▼ 0.62% GRUMA 291.64 ▲ 0.06% KIMBER 37.86 ▲ 1.28% SQM-B 73,899 ▼ 0.34% COPEC 6,028 ▲ 0.47% BSANTANDER 74.00 ▲ 0.01% FALABELLA 6,094 ▲ 2.08% ENELAM 78.00 ▼ 1.27% CENCOSUD 2,185 ▼ 3.95% CMPC 1,050 ▼ 0.76% BANCO CHILE 179.60 ▼ 0.50% LATAM AIR 24.49 ▼ 0.45% YPF 76,750 ▼ 7.97% GGAL 8,160 ▼ 0.61% PAMPA 5,110 ▼ 3.40% TXAR 682.50 ▼ 2.43% ALUAR 985.00 ▼ 4.28% TGS 9,405 ▼ 4.90% CEPU 2,372 ▲ 0.04% MIRGOR 16,950 ▼ 1.17% COME 43.88 ▼ 2.45% LOMA NEGRA 3,600 ▼ 3.68% BYMA 303.25 ▼ 0.49% TELECOM ARG 4,398 ▼ 3.46% ECOPETROL 15.80 ▲ 0.70% BANCOLOMBIA 79.25 ▼ 1.11% GRUPO AVAL 5.47 — 0.00% CREDICORP 364.28 ▲ 0.54% SOUTHERN COPPER 194.53 ▲ 0.68% BUENAVENTURA 35.96 ▲ 3.16% MERCADOLIBRE 1,674 ▲ 1.68% NUBANK 12.72 ▲ 2.33% XP 15.68 ▼ 0.82% PAGSEGURO 8.98 ▲ 1.24% STONE 10.99 — 0.00% GLOBANT 36.63 ▼ 0.65% TECNOGLASS 44.85 ▲ 2.21% GAP AIRPORT 250.58 ▲ 1.26% ASUR 305.18 ▲ 1.39% OMA AIRPORT 111.73 ▲ 2.50% AMX ADR 26.78 ▼ 1.47% FEMSA ADR 126.88 ▲ 0.43% CEMEX ADR 12.98 ▲ 0.70% PETROBRAS ADR 17.05 ▼ 1.67% VALE ADR 15.98 ▼ 0.13% ITAU ADR 7.94 ▼ 0.13% SANTANDER BR 5.41 — 0.00% AMBEV ADR 3.20 ▼ 1.54% CSN 1.21 ▼ 0.82% GERDAU 4.62 ▼ 1.07% LATAM ADR 55.01 ▲ 0.27% BTC 64,791 ▼ 1.23% ETH 1,764 ▼ 1.45% SOL 72.08 ▼ 1.82% XRP 1.19 ▼ 1.95% BNB 603.92 ▼ 0.07% ADA 0.17 ▼ 1.71% DOGE 0.09 ▼ 1.41% AVAX 6.81 ▼ 0.87% LINK 8.16 ▼ 1.29% DOT 1.01 ▼ 0.37% LTC 45.03 ▼ 1.32% BCH 211.35 ▼ 1.93% TRX 0.32 ▲ 0.99% XLM 0.22 ▲ 3.84% HBAR 0.08 ▼ 0.44% NEAR 2.29 ▼ 0.80% ATOM 1.98 ▼ 0.54% AAVE 74.76 ▼ 1.46% SELIC 14.50% EMBRAER 76.27 ▼ 2.21% EMBRAER ADR 59.92 ▼ 2.57% JBS 12.30 ▲ 0.90% JBS BDR 62.77 ▲ 2.15% MBRF3 15.96 ▲ 1.14% MBRFY 3.09 ▲ 0.10% INTER 5.77 ▼ 0.86% EGX 52,622 ▲ 1.10% USD/ZAR 16.22 ▲ 0.41% USD/NGN 1,356 — 0.00% NIKKEI 69,902 ▲ 0.72% CSI300 4,931 ▲ 0.97% HSI 24,312 ▼ 0.74% NIFTY 24,086 ▲ 0.40% KOSPI 8,864 ▲ 1.58% JCI 6,221 ▼ 0.55% USD/JPY 160.30 ▼ 0.06% USD/CNY 6.7587 ▲ 0.04% DAX 24,900 ▼ 0.04% CAC 8,461 ▲ 0.16% FTSE 10,492 ▼ 0.02% MIB 52,466 ▲ 0.06% IBEX 19,253 ▲ 0.47% STOXX 638.00 ▲ 0.31% EUR/USD 1.1593 ▼ 0.17% GBP/USD 1.3406 ▼ 0.15% SPX 7,511 ▼ 0.57% DJI 52,000 ▲ 0.64% NDX 29,968 ▼ 1.89% RUT 2,939 ▼ 0.87% TSX 35,390 ▲ 0.32% VIX 16.39 ▼ 0.12% USD/CAD 1.4014 ▲ 0.18% US10Y 4.4280 ▼ 0.92%
since 2009
Wednesday, June 17, 2026

In-Depth Analysis

Argentina Rebuilds an Air Force It Let Wither for Decades

By · June 17, 2026 · 4 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.

Defense · Security

The turn. Argentina is rebuilding armed forces it allowed to decay for decades.

The jets. It bought two dozen used F-16 fighters from Denmark, its first supersonic combat aircraft since 2015.

The timing. The first jets arrived in late 2025, with full integration at a northern air base expected this year.

The ground. The army is acquiring American-made wheeled armoured vehicles to move troops faster.

The direction. The common thread is a shift toward Western, NATO-standard equipment and logistics.

The stake. A cash-strapped country is choosing where to align as great-power rivalry reaches the region.

Argentina rearmament is less about raw firepower than about a choice of alignment, anchoring a long-neglected military firmly in the Western camp.

F-16 fighters like the Danish jets at the centre of Argentina's rearmament
Argentina’s Danish F-16s restore supersonic air power lost since 2015. (Photo internet reproduction)
RTAsk Rio TimesHave a question about Brazil or Latin America? Get a straight answer from our reporting.Start asking →

An air force brought back to life

For years, Argentina’s military was a shadow of its past. Tight budgets and political neglect left it with ageing aircraft and shrinking capabilities, even as neighbours modernised.

The clearest gap was in the sky. After retiring its last fast jets in 2015, the country went nearly a decade without a supersonic fighter able to intercept intruding aircraft.

That is now changing. Argentina bought two dozen second-hand F-16 fighters from Denmark, and the first of them arrived in late 2025, with full operational status at a northern air base expected during this year.

What the Argentina rearmament covers

The effort reaches beyond fighter jets. On the ground, the army is acquiring American-built eight-wheeled armoured vehicles designed to move infantry quickly across long distances.

Together these purchases mark a deliberate turn toward Western, NATO-standard equipment, the same gear and logistics systems used by the United States and its European allies.

That choice matters as much as the hardware. Standardising on Western systems ties Argentina into a shared supply chain for parts, training and upgrades, deepening the relationship over time.

It is a notable shift for a country that has at times kept its distance from Washington, and it signals where the current government wants its strategic loyalties to lie.

The home-grown piece

Argentina is not relying on imports alone. Its state aircraft maker, based in the city of Córdoba, builds a domestically designed trainer and light attack plane and is developing a new primary trainer.

The same company also produces components for Brazil’s KC-390 transport plane, plugging Argentina into a regional aerospace supply chain rather than starting from scratch.

In high technology, a separate state firm maintains advanced engineering skills, working on nuclear reactors, radar and satellites, a reminder that the country retains real industrial depth.

Keeping a domestic industry alive serves a double purpose, preserving jobs and know-how while reducing total dependence on foreign suppliers for every capability.

The money problem

The obstacle is familiar: Argentina has very little money. Years of economic crisis have left a defence budget that is modest by regional standards, around a few billion dollars a year.

That forces hard choices. Buying used aircraft rather than new ones, and spreading purchases over time, is partly a way to rebuild capability without breaking a fragile budget.

It also leaves the modernisation vulnerable. A renewed economic shock or a change of government could slow or reshape the plans before they are complete.

Why it matters

The rebuild fits a wider pattern. Across Latin America, air forces and navies are replacing equipment that dates to the 1970s and 1980s, the largest modernisation cycle in decades.

Argentina’s choices also carry a geopolitical message at a moment when the United States and China are competing harder for influence across the region.

By anchoring its forces in Western standards, Buenos Aires is making a quiet but consequential bet on which partners will shape its security for the next generation.

Catching up with the neighbours

Part of the urgency is regional. Several of Argentina’s neighbours field more modern air forces, and Buenos Aires had slipped well behind during its long years of underinvestment.

Restoring a credible fighter fleet is as much about prestige and deterrence as about any specific threat, signalling that the country intends to be taken seriously again.

The F-16, though a used design rather than the newest available, is a proven and widely flown aircraft, which makes training, spares and future upgrades easier to secure.

Bringing the jets to full operational readiness still takes time. Pilots must be trained, bases adapted and maintenance systems built before the fleet can be counted on day to day.

The wheeled armoured vehicles follow a similar logic on land, giving the army a faster, more deployable force better suited to patrolling vast territory and responding to crises.

Taken together, the moves sketch a military trying to do more with limited means, prioritising the capabilities it lost most visibly over a sweeping, unaffordable overhaul.

Frequently Asked Questions

What is the Argentina rearmament?

It is Argentina’s effort to rebuild armed forces that were neglected for decades. The centrepiece is two dozen used F-16 fighters bought from Denmark, alongside American-made armoured vehicles, marking a shift toward Western, NATO-standard equipment.

Why are the F-16s significant?

After retiring its last fast jets in 2015, Argentina spent nearly a decade without a supersonic fighter able to intercept other aircraft. The F-16s, with the first arriving in late 2025, restore that basic capability and reconnect the air force to Western systems.

What are the main constraints?

Argentina’s defence budget is small after years of economic crisis, which is why it favours used equipment and phased purchases. A renewed economic shock or a change of government could slow or reshape the modernisation before it is finished.

Connected Coverage

Latin America Defense Monitor: Procurement and Security Tracker

Latin America Economy 2026: Growth, Tariffs and Opportunities

Related on The Rio Times: Why It Took Argentina 40 Years to Buy a New Fighter Jet

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.