IBOV 168,669 ▼ 0.21% IPSA 10,164 ▼ 1.06% IPC MEX 65,650 ▼ 0.74% MERVAL 3,112,024 ▲ 0.89% COLCAP 2,192.97 ▼ 1.58% BVL PERÚ 34,937.73 ▲ 0.29% USD/BRL 5.15 ▼ 0.78% USD/MXN 17.38 ▼ 0.48% USD/CLP 913.17 ▼ 1.05% USD/COP 3,588 ▼ 0.45% USD/PEN 3.46 ▼ 0.21% USD/ARS 1,446 ▼ 0.03% USD/UYU 40.47 ▲ 1.50% USD/PYG 6,131 ▲ 2.14% USD/BOB 6.85 ▲ 1.64% USD/DOP 58.02 ▲ 0.03% USD/CRC 458.41 ▲ 2.31% USD/GTQ 7.62 ▲ 2.18% USD/HNL 26.65 ▲ 0.09% USD/NIO 36.62 ▲ 0.31% USD/VES 566.26 ▼ 0.13% USD/PAB 1.00 ▲ 2.17% USD/BZD 2.00 ▲ 1.60% USD/JMD 156.99 ▲ 0.25% USD/TTD 6.68 ▲ 0.52% EUR/BRL 5.96 ▲ 0.02% BRENT 92.70 ▼ 1.64% WTI 89.37 ▼ 2.11% IRON ORE 161.91 — — COPPER 6.43 ▲ 1.59% GOLD 4,363 ▲ 0.62% SILVER 68.59 ▲ 0.23% SOY 1,114 ▼ 0.16% CORN 421.50 ▲ 0.66% WHEAT 589.75 ▲ 1.11% COFFEE 243.85 ▼ 0.83% SUGAR 14.12 — 0.00% ORANGE JUICE 162.00 ▲ 0.87% COTTON 73.50 ▲ 0.15% COCOA 3,983 ▲ 3.97% BEEF 236.73 ▼ 5.34% CATTLE 350.70 ▼ 0.90% LITHIUM 77.09 ▼ 1.55% PETR4 41.22 ▲ 0.81% VALE3 78.07 ▼ 0.80% ITUB4 38.52 ▼ 0.80% BBDC4 17.20 ▼ 1.55% ABEV3 16.08 ▼ 0.56% BBAS3 19.10 ▼ 0.37% B3SA3 15.22 ▼ 1.23% WEGE3 44.00 ▲ 3.63% PRIO3 62.54 ▲ 2.32% SUZB3 41.97 ▲ 0.55% RENT3 40.17 ▼ 1.01% AZZA3 17.10 ▼ 0.18% CSAN3 3.43 ▼ 4.46% RAIZ4 0.44 ▲ 10.00% PCAR3 1.72 ▲ 2.38% GMAT3 4.06 ▼ 0.49% PSSA3 47.88 ▲ 0.15% CVCB3 1.42 ▼ 2.07% POSI3 3.40 ▼ 7.10% SLCE3 14.45 ▼ 2.43% NATU3 9.46 ▼ 2.67% BRKM5 8.90 ▲ 1.37% RANI3 7.84 ▼ 0.13% CSNA3 5.90 ▼ 1.67% CMIN3 4.31 ▼ 1.37% USIM5 11.18 ▼ 1.15% GGBR4 23.68 ▲ 0.85% ENEV3 23.95 ▲ 0.25% NEOE3 33.80 — 0.00% CPFE3 42.69 — 0.00% CMIG4 10.76 ▼ 1.10% EQTL3 38.60 ▼ 0.80% LREN3 14.97 ▲ 0.54% VIVT3 33.33 ▲ 1.15% RAIL3 13.52 ▼ 3.01% KLABIN 17.12 ▲ 0.41% RAIA DROGASIL 17.84 ▲ 2.18% RDOR3 32.72 ▼ 0.12% HAPV3 10.89 ▼ 0.46% FLRY3 14.61 ▼ 0.95% SMTO3 17.21 ▲ 1.96% UGPA3 24.68 ▼ 1.12% VBBR3 28.71 ▼ 0.62% BBSE3 35.87 ▲ 1.36% BPAC11 50.50 ▼ 0.30% CURY3 28.99 ▲ 1.01% AERI3 2.27 ▼ 2.99% VIVARA 20.50 ▲ 0.39% COMPASS 24.50 ▼ 3.92% VAMOS 2.92 ▼ 1.02% SANB11 26.78 ▲ 0.19% ASAI3 8.45 ▼ 1.97% SBSP3 27.27 ▼ 0.26% WALMEX 51.44 ▲ 0.69% GMEXICO 202.47 ▼ 0.56% FEMSA 212.87 ▼ 0.90% CEMEX 21.11 ▼ 3.03% GFNORTE 175.73 ▼ 0.97% BIMBO 56.00 ▲ 0.27% TELEVISA 9.28 ▲ 0.43% AMX 21.71 ▲ 0.18% GAP 393.10 ▼ 1.83% ASUR 282.00 ▼ 0.05% OMA 210.95 ▼ 0.46% KOF 183.08 ▼ 1.42% GRUMA 291.03 ▲ 0.96% KIMBER 36.91 — 0.00% SQM-B 66,850 ▼ 3.59% COPEC 5,980 ▼ 2.05% BSANTANDER 68.50 ▼ 0.29% FALABELLA 5,580 ▲ 1.25% ENELAM 75.20 ▼ 0.20% CENCOSUD 2,110 — 0.00% CMPC 1,030 ▼ 0.96% BANCO CHILE 167.00 ▲ 1.08% LATAM AIR 21.81 ▼ 1.40% YPF 81,950 ▲ 1.08% GGAL 7,340 ▲ 1.87% PAMPA 5,020 ▲ 1.62% TXAR 689.00 ▲ 0.73% ALUAR 997.50 ▲ 2.20% TGS 8,975 ▲ 0.45% CEPU 2,230 ▲ 0.18% MIRGOR 16,875 ▲ 2.74% COME 44.14 ▼ 0.83% LOMA NEGRA 3,338 ▼ 0.30% BYMA 283.00 ▼ 1.14% TELECOM ARG 4,043 ▲ 1.32% ECOPETROL 15.35 ▲ 1.32% BANCOLOMBIA 71.80 ▲ 1.30% GRUPO AVAL 4.86 ▲ 1.25% CREDICORP 319.89 ▼ 0.81% SOUTHERN COPPER 170.48 ▼ 1.44% BUENAVENTURA 30.23 ▼ 0.10% MERCADOLIBRE 1,612 ▲ 0.26% NUBANK 11.60 ▼ 3.09% XP 15.26 ▼ 0.52% PAGSEGURO 8.53 — 0.00% STONE 10.57 ▲ 1.63% GLOBANT 38.17 ▼ 0.34% TECNOGLASS 42.34 ▼ 0.02% GAP AIRPORT 224.93 ▼ 1.69% ASUR 282.00 ▼ 0.05% OMA AIRPORT 96.88 ▼ 0.13% AMX ADR 24.86 ▲ 0.08% FEMSA ADR 122.51 ▼ 0.30% CEMEX ADR 12.05 ▼ 3.41% PETROBRAS ADR 17.75 — 0.00% VALE ADR 14.99 ▼ 1.58% ITAU ADR 7.42 ▼ 1.59% SANTANDER BR 5.22 ▼ 0.38% AMBEV ADR 3.07 ▼ 1.60% CSN 1.15 ▼ 2.54% GERDAU 4.57 ▼ 0.54% LATAM ADR 47.02 ▼ 2.69% BTC 62,541 ▼ 0.87% ETH 1,675 ▼ 0.88% SOL 66.14 ▼ 0.98% XRP 1.16 ▼ 0.71% BNB 596.86 ▼ 0.79% ADA 0.17 ▼ 1.49% DOGE 0.09 ▼ 0.77% AVAX 6.72 ▼ 0.56% LINK 7.89 ▼ 1.17% DOT 0.97 ▼ 0.36% LTC 42.54 ▼ 1.22% BCH 206.75 ▼ 1.16% TRX 0.32 ▼ 1.08% XLM 0.20 ▼ 2.03% HBAR 0.08 ▼ 1.26% NEAR 2.16 ▲ 1.62% ATOM 1.74 ▼ 1.42% AAVE 62.32 ▼ 1.62% SELIC 14.50% EMBRAER 73.44 ▲ 1.53% EMBRAER ADR 56.54 ▼ 0.25% JBS 11.62 ▼ 5.07% JBS BDR 60.27 ▼ 3.57% MBRF3 15.53 ▼ 1.46% MBRFY 2.85 ▼ 6.86% INTER 5.57 ▼ 1.76% EGX 52,375 ▲ 0.95% USD/ZAR 16.46 ▼ 0.10% USD/NGN 1,359 — 0.00% NIKKEI 65,417 ▲ 2.17% CSI300 4,802 ▲ 1.87% HSI 24,566 ▼ 0.37% NIFTY 23,242 ▲ 0.52% KOSPI 8,097 ▲ 8.18% JCI 5,747 ▲ 7.57% USD/JPY 160.18 ▲ 0.02% USD/CNY 6.7710 ▼ 0.17% DAX 24,715 ▲ 0.40% CAC 8,253 ▲ 0.66% FTSE 10,342 ▼ 0.30% MIB 51,121 ▲ 1.82% IBEX 18,394 ▲ 0.94% STOXX 624.49 ▲ 0.44% EUR/USD 1.1574 ▲ 0.29% GBP/USD 1.3400 ▲ 0.44% SPX 7,406 ▲ 0.30% DJI 50,786 ▼ 0.16% NDX 29,414 ▲ 1.58% RUT 2,855 ▲ 0.77% TSX 34,479 ▲ 0.19% VIX 18.17 ▼ 3.96% USD/CAD 1.3921 ▼ 0.18% US10Y 4.5520 — 0.00% IBOV 168,669 ▼ 0.21% IPSA 10,164 ▼ 1.06% IPC MEX 65,650 ▼ 0.74% MERVAL 3,112,024 ▲ 0.89% COLCAP 2,192.97 ▼ 1.58% BVL PERÚ 34,937.73 ▲ 0.29% USD/BRL 5.15 ▼ 0.78% USD/MXN 17.38 ▼ 0.48% USD/CLP 913.17 ▼ 1.05% USD/COP 3,588 ▼ 0.45% USD/PEN 3.46 ▼ 0.21% USD/ARS 1,446 ▼ 0.03% USD/UYU 40.47 ▲ 1.50% USD/PYG 6,131 ▲ 2.14% USD/BOB 6.85 ▲ 1.64% USD/DOP 58.02 ▲ 0.03% USD/CRC 458.41 ▲ 2.31% USD/GTQ 7.62 ▲ 2.18% USD/HNL 26.65 ▲ 0.09% USD/NIO 36.62 ▲ 0.31% USD/VES 566.26 ▼ 0.13% USD/PAB 1.00 ▲ 2.17% USD/BZD 2.00 ▲ 1.60% USD/JMD 156.99 ▲ 0.25% USD/TTD 6.68 ▲ 0.52% EUR/BRL 5.96 ▲ 0.02% BRENT 92.70 ▼ 1.64% WTI 89.37 ▼ 2.11% IRON ORE 161.91 — — COPPER 6.43 ▲ 1.59% GOLD 4,363 ▲ 0.62% SILVER 68.59 ▲ 0.23% SOY 1,114 ▼ 0.16% CORN 421.50 ▲ 0.66% WHEAT 589.75 ▲ 1.11% COFFEE 243.85 ▼ 0.83% SUGAR 14.12 — 0.00% ORANGE JUICE 162.00 ▲ 0.87% COTTON 73.50 ▲ 0.15% COCOA 3,983 ▲ 3.97% BEEF 236.73 ▼ 5.34% CATTLE 350.70 ▼ 0.90% LITHIUM 77.09 ▼ 1.55% PETR4 41.22 ▲ 0.81% VALE3 78.07 ▼ 0.80% ITUB4 38.52 ▼ 0.80% BBDC4 17.20 ▼ 1.55% ABEV3 16.08 ▼ 0.56% BBAS3 19.10 ▼ 0.37% B3SA3 15.22 ▼ 1.23% WEGE3 44.00 ▲ 3.63% PRIO3 62.54 ▲ 2.32% SUZB3 41.97 ▲ 0.55% RENT3 40.17 ▼ 1.01% AZZA3 17.10 ▼ 0.18% CSAN3 3.43 ▼ 4.46% RAIZ4 0.44 ▲ 10.00% PCAR3 1.72 ▲ 2.38% GMAT3 4.06 ▼ 0.49% PSSA3 47.88 ▲ 0.15% CVCB3 1.42 ▼ 2.07% POSI3 3.40 ▼ 7.10% SLCE3 14.45 ▼ 2.43% NATU3 9.46 ▼ 2.67% BRKM5 8.90 ▲ 1.37% RANI3 7.84 ▼ 0.13% CSNA3 5.90 ▼ 1.67% CMIN3 4.31 ▼ 1.37% USIM5 11.18 ▼ 1.15% GGBR4 23.68 ▲ 0.85% ENEV3 23.95 ▲ 0.25% NEOE3 33.80 — 0.00% CPFE3 42.69 — 0.00% CMIG4 10.76 ▼ 1.10% EQTL3 38.60 ▼ 0.80% LREN3 14.97 ▲ 0.54% VIVT3 33.33 ▲ 1.15% RAIL3 13.52 ▼ 3.01% KLABIN 17.12 ▲ 0.41% RAIA DROGASIL 17.84 ▲ 2.18% RDOR3 32.72 ▼ 0.12% HAPV3 10.89 ▼ 0.46% FLRY3 14.61 ▼ 0.95% SMTO3 17.21 ▲ 1.96% UGPA3 24.68 ▼ 1.12% VBBR3 28.71 ▼ 0.62% BBSE3 35.87 ▲ 1.36% BPAC11 50.50 ▼ 0.30% CURY3 28.99 ▲ 1.01% AERI3 2.27 ▼ 2.99% VIVARA 20.50 ▲ 0.39% COMPASS 24.50 ▼ 3.92% VAMOS 2.92 ▼ 1.02% SANB11 26.78 ▲ 0.19% ASAI3 8.45 ▼ 1.97% SBSP3 27.27 ▼ 0.26% WALMEX 51.44 ▲ 0.69% GMEXICO 202.47 ▼ 0.56% FEMSA 212.87 ▼ 0.90% CEMEX 21.11 ▼ 3.03% GFNORTE 175.73 ▼ 0.97% BIMBO 56.00 ▲ 0.27% TELEVISA 9.28 ▲ 0.43% AMX 21.71 ▲ 0.18% GAP 393.10 ▼ 1.83% ASUR 282.00 ▼ 0.05% OMA 210.95 ▼ 0.46% KOF 183.08 ▼ 1.42% GRUMA 291.03 ▲ 0.96% KIMBER 36.91 — 0.00% SQM-B 66,850 ▼ 3.59% COPEC 5,980 ▼ 2.05% BSANTANDER 68.50 ▼ 0.29% FALABELLA 5,580 ▲ 1.25% ENELAM 75.20 ▼ 0.20% CENCOSUD 2,110 — 0.00% CMPC 1,030 ▼ 0.96% BANCO CHILE 167.00 ▲ 1.08% LATAM AIR 21.81 ▼ 1.40% YPF 81,950 ▲ 1.08% GGAL 7,340 ▲ 1.87% PAMPA 5,020 ▲ 1.62% TXAR 689.00 ▲ 0.73% ALUAR 997.50 ▲ 2.20% TGS 8,975 ▲ 0.45% CEPU 2,230 ▲ 0.18% MIRGOR 16,875 ▲ 2.74% COME 44.14 ▼ 0.83% LOMA NEGRA 3,338 ▼ 0.30% BYMA 283.00 ▼ 1.14% TELECOM ARG 4,043 ▲ 1.32% ECOPETROL 15.35 ▲ 1.32% BANCOLOMBIA 71.80 ▲ 1.30% GRUPO AVAL 4.86 ▲ 1.25% CREDICORP 319.89 ▼ 0.81% SOUTHERN COPPER 170.48 ▼ 1.44% BUENAVENTURA 30.23 ▼ 0.10% MERCADOLIBRE 1,612 ▲ 0.26% NUBANK 11.60 ▼ 3.09% XP 15.26 ▼ 0.52% PAGSEGURO 8.53 — 0.00% STONE 10.57 ▲ 1.63% GLOBANT 38.17 ▼ 0.34% TECNOGLASS 42.34 ▼ 0.02% GAP AIRPORT 224.93 ▼ 1.69% ASUR 282.00 ▼ 0.05% OMA AIRPORT 96.88 ▼ 0.13% AMX ADR 24.86 ▲ 0.08% FEMSA ADR 122.51 ▼ 0.30% CEMEX ADR 12.05 ▼ 3.41% PETROBRAS ADR 17.75 — 0.00% VALE ADR 14.99 ▼ 1.58% ITAU ADR 7.42 ▼ 1.59% SANTANDER BR 5.22 ▼ 0.38% AMBEV ADR 3.07 ▼ 1.60% CSN 1.15 ▼ 2.54% GERDAU 4.57 ▼ 0.54% LATAM ADR 47.02 ▼ 2.69% BTC 62,541 ▼ 0.87% ETH 1,675 ▼ 0.88% SOL 66.14 ▼ 0.98% XRP 1.16 ▼ 0.71% BNB 596.86 ▼ 0.79% ADA 0.17 ▼ 1.49% DOGE 0.09 ▼ 0.77% AVAX 6.72 ▼ 0.56% LINK 7.89 ▼ 1.17% DOT 0.97 ▼ 0.36% LTC 42.54 ▼ 1.22% BCH 206.75 ▼ 1.16% TRX 0.32 ▼ 1.08% XLM 0.20 ▼ 2.03% HBAR 0.08 ▼ 1.26% NEAR 2.16 ▲ 1.62% ATOM 1.74 ▼ 1.42% AAVE 62.32 ▼ 1.62% SELIC 14.50% EMBRAER 73.44 ▲ 1.53% EMBRAER ADR 56.54 ▼ 0.25% JBS 11.62 ▼ 5.07% JBS BDR 60.27 ▼ 3.57% MBRF3 15.53 ▼ 1.46% MBRFY 2.85 ▼ 6.86% INTER 5.57 ▼ 1.76% EGX 52,375 ▲ 0.95% USD/ZAR 16.46 ▼ 0.10% USD/NGN 1,359 — 0.00% NIKKEI 65,417 ▲ 2.17% CSI300 4,802 ▲ 1.87% HSI 24,566 ▼ 0.37% NIFTY 23,242 ▲ 0.52% KOSPI 8,097 ▲ 8.18% JCI 5,747 ▲ 7.57% USD/JPY 160.18 ▲ 0.02% USD/CNY 6.7710 ▼ 0.17% DAX 24,715 ▲ 0.40% CAC 8,253 ▲ 0.66% FTSE 10,342 ▼ 0.30% MIB 51,121 ▲ 1.82% IBEX 18,394 ▲ 0.94% STOXX 624.49 ▲ 0.44% EUR/USD 1.1574 ▲ 0.29% GBP/USD 1.3400 ▲ 0.44% SPX 7,406 ▲ 0.30% DJI 50,786 ▼ 0.16% NDX 29,414 ▲ 1.58% RUT 2,855 ▲ 0.77% TSX 34,479 ▲ 0.19% VIX 18.17 ▼ 3.96% USD/CAD 1.3921 ▼ 0.18% US10Y 4.5520 — 0.00%
since 2009
Tuesday, June 9, 2026

Argentina and U.S. Sign Defense Deal on Military Fuel and Drones

By · June 9, 2026 · 4 min read

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SOUTH AMERICA · DEFENSE

Key Facts

Argentina and the United States signed two letters of intent on June 4 to deepen defense cooperation.

One covers reciprocal military fuel supply, letting each country buy fuel at military prices around the world.

The other gives Argentina access to a US Army digital marketplace for drones and counter-drone systems.

The US ambassador said Argentina is the first country in the Americas to join that drone platform.

No prices, specific systems or timelines were disclosed; these are statements of intent, not final contracts.

The deal deepens President Javier Milei’s broader pivot toward Washington.

A new Argentina US defense deal signed in Buenos Aires brings the two countries closer on the battlefield basics of fuel and drones, the latest sign of President Javier Milei’s drive to anchor Argentina firmly to Washington.

Officials marking the Argentina US defense deal on military fuel and drones in Buenos Aires
Argentina and US Sign Defense Deal on Military Fuel and Drones. (Photo: Internet reproduction)
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What the Argentina US defense deal actually covers

On June 4, Argentina’s defense minister, Carlos Presti, and the United States ambassador in Buenos Aires, Peter Lamelas, signed two documents known as letters of intent. These are not binding contracts but formal statements that both sides want to move ahead on specific projects, a common first step in defense cooperation.

The first letter is about fuel, setting up a system of reciprocal supply, meaning each country’s forces could buy fuel from the other at military prices in different parts of the world. For a country like Argentina, where the cost of keeping forces running far from home is a constant limit, cheaper and easier refuelling makes joint exercises and overseas deployments more affordable.

The second letter is about drones, and would let Argentina join a US Army digital marketplace where member countries can quickly buy unmanned aircraft and the systems used to detect and shoot them down, all pre-tested and approved by the US military. The American ambassador said Argentina would be the first country in the Americas to join that platform.

Why drones are the headline

The drone part matters because of how warfare has changed, with cheap unmanned aircraft reshaping recent conflicts and the tools to knock them out, known as counter-drone systems, becoming just as important. Access to a ready-made catalogue of both, vetted by the US Army, is a fast track to capabilities that would otherwise take years to develop.

For a foreign reader, the simplest way to see it is this: rather than designing or sourcing this technology alone, Argentina would plug into an American system and pick from an approved shelf. That speeds things up, but it also ties Argentina’s military more closely to US suppliers and standards.

Crucially, neither side put numbers on any of this. No prices, no specific drone models and no delivery dates were announced, which is why analysts are treating the signing as a direction of travel rather than a done deal.

Part of a bigger pivot to Washington

The agreement fits a clear pattern under President Javier Milei, whose government has steadily steered Argentina toward closer ties with the United States. The defense relationship has been warming through joint exercises, a hemispheric security declaration earlier this year, and a broader trade and economic alignment with Washington.

Seen from Washington, the move also fits a strategy of countering Chinese influence in Latin America and reasserting US leadership in the region. Pulling a major South American military into American logistics and technology networks is part of that wider contest.

There is history in the background too, because ever since the 1982 Falklands War the United Kingdom has restricted the sale of weapons containing British parts to Argentina, which has long complicated Buenos Aires’ efforts to modernise. Deeper cooperation with the United States offers one route around those constraints.

Not everyone is convinced

The announcement was not universally welcomed at home. Some voices within the Argentine Army described the deal as vague and criticised the way it was communicated, noting how little concrete detail accompanied the headline.

That caution is fair, given the gap between intent and delivery. Argentina’s defense budget has been squeezed hard under Milei‘s austerity drive, so whether these letters turn into real fuel deals and drone deliveries will depend on money and follow-through that are not yet guaranteed.

Frequently Asked Questions

What did Argentina and the US actually sign?

They signed two letters of intent on June 4, 2026. One covers reciprocal military fuel supply, and the other gives Argentina access to a US Army marketplace for drones and counter-drone systems.

Are these binding contracts?

No, they are not. Letters of intent are formal statements of shared interest rather than final deals, and no prices, specific systems or timelines were announced.

Why does the drone part matter?

Drones and counter-drone systems have become decisive in modern conflicts. Joining a US Army marketplace lets Argentina access pre-approved technology far faster than developing it alone.

How does this fit Argentina’s foreign policy?

It deepens President Javier Milei’s pivot toward the United States, building on joint exercises and a wider trade alignment. Washington sees it partly as a way to counter Chinese influence in the region.

Connected Coverage

Brazil Pitches Its Defense Industry to Argentina

Milei’s Security Shake-Up Puts a General in Charge of Defense

How the Trump-Milei Trade Pact Locks Argentina Into Washington’s Orbit

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