IBOV 173,205 ▼ 0.05% IPSA 10,762 ▲ 0.52% IPC MEX 67,641 ▲ 0.62% MERVAL 3,176,751 ▲ 1.71% COLCAP 2,286.19 ▲ 1.09% BVL PERÚ 55,499.07 ▲ 1.21% USD/BRL5.18▲ 0.14% USD/MXN17.46▼ 0.07% USD/CLP919.73▼ 0.24% USD/COP3,451▲ 0.37% USD/PEN3.41▼ 0.46% USD/ARS1,481▲ 0.24% USD/UYU 40.22 — 0.00% USD/PYG 6,084 — 0.00% USD/BOB 6.85 — 0.00% USD/DOP59.61▲ 0.56% USD/CRC 450.59 — 0.00% USD/GTQ 7.62 — 0.00% USD/HNL 26.70 — 0.00% USD/NIO36.62▲ 0.63% USD/VES620.66▲ 5.79% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.34▼ 0.20% USD/TTD6.74— 0.00% EUR/BRL5.90▲ 0.38% BRENT 74.41 ▲ 1.72% WTI 71.17 ▲ 0.59% IRON ORE 161.91 — — COPPER 6.26 ▲ 2.70% GOLD 4,046 ▲ 0.58% SILVER 59.38 ▲ 2.07% SOY 1,136 ▲ 2.41% CORN 428.50 ▲ 6.59% WHEAT 577.75 ▲ 1.45% COFFEE 289.15 ▼ 0.67% SUGAR 14.92 ▲ 4.41% ORANGE JUICE 154.00 ▲ 9.30% COTTON 76.97 ▲ 6.90% COCOA 5,127 ▲ 4.74% BEEF 243.55 ▼ 5.40% CATTLE 367.25 ▼ 0.70% LITHIUM 77.31 ▲ 1.82% PETR4 38.14 ▲ 0.21% VALE3 78.13 ▼ 0.03% ITUB4 42.41 ▲ 0.40% BBDC4 18.17 ▲ 1.40% ABEV3 16.59 ▼ 0.84% BBAS3 20.26 ▼ 0.39% B3SA3 14.71 ▼ 1.41% WEGE3 46.79 ▼ 0.23% PRIO3 53.15 ▼ 0.26% SUZB3 39.68 ▼ 1.07% RENT3 42.25 ▼ 1.97% AZZA3 18.38 ▼ 3.21% CSAN3 3.71 ▼ 1.33% RAIZ4 0.40 ▼ 2.44% PCAR3 2.32 ▲ 1.75% GMAT3 3.83 ▼ 1.03% PSSA3 53.30 ▲ 0.08% CVCB3 1.40 ▼ 0.71% POSI3 4.06 ▲ 1.75% SLCE3 13.01 ▼ 1.21% NATU3 8.30 ▲ 4.01% BRKM5 6.61 ▲ 5.76% RANI3 7.87 ▲ 0.90% CSNA3 4.64 ▼ 1.90% CMIN3 4.16 ▼ 2.12% USIM5 8.33 ▲ 0.73% GGBR4 21.29 ▼ 0.61% ENEV3 26.71 ▼ 0.37% NEOE3 33.80 — 0.00% CPFE3 45.15 ▼ 0.77% CMIG4 10.95 ▼ 0.09% EQTL3 39.74 ▼ 0.03% LREN3 14.99 ▲ 0.13% VIVT3 34.40 ▼ 1.12% RAIL3 13.61 ▼ 0.58% KLABIN 16.89 ▼ 0.41% RAIA DROGASIL 17.16 ▼ 1.10% RDOR3 34.68 ▼ 0.09% HAPV3 10.35 ▲ 1.07% FLRY3 15.58 ▼ 0.19% SMTO3 15.35 ▲ 2.06% UGPA3 26.32 ▲ 2.81% VBBR3 29.92 ▲ 0.77% BBSE3 39.33 ▲ 0.41% BPAC11 54.51 ▼ 0.27% CURY3 35.36 ▲ 0.71% AERI3 2.05 ▼ 1.44% VIVARA 23.00 ▼ 2.29% COMPASS 24.38 ▼ 2.25% VAMOS 2.88 — 0.00% SANB11 26.82 ▲ 1.78% ASAI3 9.00 ▲ 1.93% SBSP3 29.65 ▲ 0.17% WALMEX 51.10 ▲ 0.59% GMEXICO 201.13 ▲ 0.50% FEMSA 228.93 ▲ 1.94% CEMEX 21.20 ▼ 1.58% GFNORTE 185.30 ▲ 1.68% BIMBO 56.98 ▼ 0.19% TELEVISA 9.67 ▲ 2.00% AMX 23.41 ▲ 0.86% GAP 447.15 ▲ 1.66% ASUR 308.42 ▼ 0.00% OMA 246.32 ▲ 0.57% KOF 186.47 ▼ 0.26% GRUMA 282.50 ▼ 0.24% KIMBER 38.89 ▼ 0.03% SQM-B 65,950 ▼ 1.64% COPEC 5,765 ▼ 0.64% BSANTANDER 75.00 ▲ 2.04% FALABELLA 5,911 ▲ 0.36% ENELAM 82.00 ▲ 0.60% CENCOSUD 2,127 ▲ 0.19% CMPC 1,040 — 0.00% BANCO CHILE 177.80 ▲ 0.11% LATAM AIR 26.97 ▲ 3.25% YPF 70,575 ▲ 0.75% GGAL 7,885 ▲ 2.20% PAMPA 5,085 ▲ 2.26% TXAR 677.00 ▼ 0.95% ALUAR 982.50 ▼ 0.86% TGS 9,305 ▲ 0.92% CEPU 2,340 ▲ 2.90% MIRGOR 16,075 — 0.00% COME 42.32 ▲ 2.27% LOMA NEGRA 3,600 ▲ 1.27% BYMA 306.75 ▲ 0.41% TELECOM ARG 4,053 ▲ 2.40% ECOPETROL 14.57 ▼ 1.02% BANCOLOMBIA 79.81 ▲ 0.68% GRUPO AVAL 5.12 ▲ 0.79% CREDICORP 384.74 ▲ 0.17% SOUTHERN COPPER 168.45 ▼ 1.64% BUENAVENTURA 28.58 ▼ 6.05% MERCADOLIBRE 1,683 ▲ 0.48% NUBANK 13.13 ▼ 0.30% XP 16.31 ▲ 1.12% PAGSEGURO 9.08 ▲ 0.11% STONE 10.89 ▼ 0.91% GLOBANT 30.08 ▲ 0.17% TECNOGLASS 46.21 ▲ 3.26% GAP AIRPORT 254.56 ▲ 0.66% ASUR 308.42 ▼ 0.00% OMA AIRPORT 113.12 ▲ 1.01% AMX ADR 26.75 ▲ 1.29% FEMSA ADR 131.20 ▲ 1.81% CEMEX ADR 12.14 ▼ 1.14% PETROBRAS ADR 16.28 ▼ 0.06% VALE ADR 15.03 ▼ 0.27% ITAU ADR 8.22 ▼ 0.12% SANTANDER BR 5.23 ▲ 0.48% AMBEV ADR 3.18 ▼ 1.55% CSN 0.91 ▼ 3.02% GERDAU 4.13 ▼ 0.48% LATAM ADR 58.75 ▲ 0.03% BTC 58,896 ▼ 2.07% ETH 1,570 ▼ 2.50% SOL 72.86 ▼ 2.78% XRP 1.03 ▼ 2.33% BNB 546.50 ▼ 2.18% ADA 0.14 ▼ 1.71% DOGE 0.07 ▼ 3.96% AVAX 6.46 ▼ 3.05% LINK 7.21 ▼ 2.15% DOT 0.81 ▼ 1.91% LTC 42.19 ▼ 2.06% BCH 198.20 ▼ 1.15% TRX 0.32 ▼ 1.19% XLM 0.18 ▲ 0.54% HBAR 0.07 ▼ 2.09% NEAR 1.82 ▼ 2.36% ATOM 1.50 ▼ 1.79% AAVE 88.40 ▼ 3.29% SELIC 14.25% EMBRAER 80.18 ▼ 2.10% EMBRAER ADR 62.15 ▼ 2.51% JBS 12.22 — 0.00% JBS BDR 62.87 ▲ 0.32% MBRF3 17.70 ▲ 3.51% MBRFY 3.41 ▲ 4.92% INTER 5.38 ▼ 1.10% EGX 50,488 ▲ 1.33% USD/ZAR16.37▼ 0.31% USD/NGN 1,378 — 0.00% NIKKEI 70,062 ▲ 0.86% CSI300 4,979 ▲ 1.07% HSI 22,881 ▼ 0.63% NIFTY 23,866 ▼ 0.34% KOSPI 8,476 ▲ 0.97% JCI 5,643 ▼ 3.05% USD/JPY162.42▲ 0.29% USD/CNY6.77▼ 0.29% DAX 25,013 ▲ 1.57% CAC 8,415 ▲ 0.57% FTSE 10,612 ▲ 1.21% MIB 51,740 ▲ 0.93% IBEX 19,514 ▲ 0.65% STOXX 643.45 ▲ 1.15% EUR/USD1.14▼ 0.20% GBP/USD1.32▲ 0.22% SPX 7,440 ▲ 1.18% DJI 52,183 ▲ 0.59% NDX 29,775 ▲ 2.25% RUT 3,010 ▲ 0.01% TSX 34,824 ▼ 0.45% VIX 17.43 ▼ 5.32% USD/CAD1.42▲ 0.17% US10Y 4.3740 ▲ 0.05% IBOV 173,205 ▼ 0.05% IPSA 10,762 ▲ 0.52% IPC MEX 67,641 ▲ 0.62% MERVAL 3,176,751 ▲ 1.71% COLCAP 2,286.19 ▲ 1.09% BVL PERÚ 55,499.07 ▲ 1.21% USD/BRL 5.18 ▲ 0.14% USD/MXN 17.46 ▼ 0.07% USD/CLP 919.65 ▼ 0.25% USD/COP 3,451 ▲ 0.37% USD/PEN 3.41 ▼ 0.46% USD/ARS 1,481 ▲ 0.24% USD/UYU 40.22 — 0.00% USD/PYG 6,084 — 0.00% USD/BOB 6.85 — 0.00% USD/DOP 59.61 ▲ 0.56% USD/CRC 450.59 — 0.00% USD/GTQ 7.62 — 0.00% USD/HNL 26.70 — 0.00% USD/NIO 36.62 ▲ 0.63% USD/VES 620.66 ▲ 5.79% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.34 ▲ 0.45% USD/TTD 6.74 ▲ 1.49% EUR/BRL 5.90 ▲ 0.38% BRENT 74.41 ▲ 1.72% WTI 71.17 ▲ 0.59% IRON ORE 161.91 — — COPPER 6.26 ▲ 2.70% GOLD 4,046 ▲ 0.58% SILVER 59.38 ▲ 2.07% SOY 1,136 ▲ 2.41% CORN 428.50 ▲ 6.59% WHEAT 577.75 ▲ 1.45% COFFEE 289.15 ▼ 0.67% SUGAR 14.92 ▲ 4.41% ORANGE JUICE 154.00 ▲ 9.30% COTTON 76.97 ▲ 6.90% COCOA 5,127 ▲ 4.74% BEEF 243.55 ▼ 5.40% CATTLE 367.25 ▼ 0.70% LITHIUM 77.31 ▲ 1.82% PETR4 38.14 ▲ 0.21% VALE3 78.13 ▼ 0.03% ITUB4 42.41 ▲ 0.40% BBDC4 18.17 ▲ 1.40% ABEV3 16.59 ▼ 0.84% BBAS3 20.26 ▼ 0.39% B3SA3 14.71 ▼ 1.41% WEGE3 46.79 ▼ 0.23% PRIO3 53.15 ▼ 0.26% SUZB3 39.68 ▼ 1.07% RENT3 42.25 ▼ 1.97% AZZA3 18.38 ▼ 3.21% CSAN3 3.71 ▼ 1.33% RAIZ4 0.40 ▼ 2.44% PCAR3 2.32 ▲ 1.75% GMAT3 3.83 ▼ 1.03% PSSA3 53.30 ▲ 0.08% CVCB3 1.40 ▼ 0.71% POSI3 4.06 ▲ 1.75% SLCE3 13.01 ▼ 1.21% NATU3 8.30 ▲ 4.01% BRKM5 6.61 ▲ 5.76% RANI3 7.87 ▲ 0.90% CSNA3 4.64 ▼ 1.90% CMIN3 4.16 ▼ 2.12% USIM5 8.33 ▲ 0.73% GGBR4 21.29 ▼ 0.61% ENEV3 26.71 ▼ 0.37% NEOE3 33.80 — 0.00% CPFE3 45.15 ▼ 0.77% CMIG4 10.95 ▼ 0.09% EQTL3 39.74 ▼ 0.03% LREN3 14.99 ▲ 0.13% VIVT3 34.40 ▼ 1.12% RAIL3 13.61 ▼ 0.58% KLABIN 16.89 ▼ 0.41% RAIA DROGASIL 17.16 ▼ 1.10% RDOR3 34.68 ▼ 0.09% HAPV3 10.35 ▲ 1.07% FLRY3 15.58 ▼ 0.19% SMTO3 15.35 ▲ 2.06% UGPA3 26.32 ▲ 2.81% VBBR3 29.92 ▲ 0.77% BBSE3 39.33 ▲ 0.41% BPAC11 54.51 ▼ 0.27% CURY3 35.36 ▲ 0.71% AERI3 2.05 ▼ 1.44% VIVARA 23.00 ▼ 2.29% COMPASS 24.38 ▼ 2.25% VAMOS 2.88 — 0.00% SANB11 26.82 ▲ 1.78% ASAI3 9.00 ▲ 1.93% SBSP3 29.65 ▲ 0.17% WALMEX 51.10 ▲ 0.59% GMEXICO 201.13 ▲ 0.50% FEMSA 228.93 ▲ 1.94% CEMEX 21.20 ▼ 1.58% GFNORTE 185.30 ▲ 1.68% BIMBO 56.98 ▼ 0.19% TELEVISA 9.67 ▲ 2.00% AMX 23.41 ▲ 0.86% GAP 447.15 ▲ 1.66% ASUR 308.42 ▼ 0.00% OMA 246.32 ▲ 0.57% KOF 186.47 ▼ 0.26% GRUMA 282.50 ▼ 0.24% KIMBER 38.89 ▼ 0.03% SQM-B 65,950 ▼ 1.64% COPEC 5,765 ▼ 0.64% BSANTANDER 75.00 ▲ 2.04% FALABELLA 5,911 ▲ 0.36% ENELAM 82.00 ▲ 0.60% CENCOSUD 2,127 ▲ 0.19% CMPC 1,040 — 0.00% BANCO CHILE 177.80 ▲ 0.11% LATAM AIR 26.97 ▲ 3.25% YPF 70,575 ▲ 0.75% GGAL 7,885 ▲ 2.20% PAMPA 5,085 ▲ 2.26% TXAR 677.00 ▼ 0.95% ALUAR 982.50 ▼ 0.86% TGS 9,305 ▲ 0.92% CEPU 2,340 ▲ 2.90% MIRGOR 16,075 — 0.00% COME 42.32 ▲ 2.27% LOMA NEGRA 3,600 ▲ 1.27% BYMA 306.75 ▲ 0.41% TELECOM ARG 4,053 ▲ 2.40% ECOPETROL 14.57 ▼ 1.02% BANCOLOMBIA 79.81 ▲ 0.68% GRUPO AVAL 5.12 ▲ 0.79% CREDICORP 384.74 ▲ 0.17% SOUTHERN COPPER 168.45 ▼ 1.64% BUENAVENTURA 28.58 ▼ 6.05% MERCADOLIBRE 1,683 ▲ 0.48% NUBANK 13.13 ▼ 0.30% XP 16.31 ▲ 1.12% PAGSEGURO 9.08 ▲ 0.11% STONE 10.89 ▼ 0.91% GLOBANT 30.08 ▲ 0.17% TECNOGLASS 46.21 ▲ 3.26% GAP AIRPORT 254.56 ▲ 0.66% ASUR 308.42 ▼ 0.00% OMA AIRPORT 113.12 ▲ 1.01% AMX ADR 26.75 ▲ 1.29% FEMSA ADR 131.20 ▲ 1.81% CEMEX ADR 12.14 ▼ 1.14% PETROBRAS ADR 16.28 ▼ 0.06% VALE ADR 15.03 ▼ 0.27% ITAU ADR 8.22 ▼ 0.12% SANTANDER BR 5.23 ▲ 0.48% AMBEV ADR 3.18 ▼ 1.55% CSN 0.91 ▼ 3.02% GERDAU 4.13 ▼ 0.48% LATAM ADR 58.75 ▲ 0.03% BTC 58,896 ▼ 2.07% ETH 1,570 ▼ 2.50% SOL 72.86 ▼ 2.78% XRP 1.03 ▼ 2.33% BNB 546.50 ▼ 2.18% ADA 0.14 ▼ 1.71% DOGE 0.07 ▼ 3.96% AVAX 6.46 ▼ 3.05% LINK 7.21 ▼ 2.15% DOT 0.81 ▼ 1.91% LTC 42.19 ▼ 2.06% BCH 198.20 ▼ 1.15% TRX 0.32 ▼ 1.19% XLM 0.18 ▲ 0.54% HBAR 0.07 ▼ 2.09% NEAR 1.82 ▼ 2.36% ATOM 1.50 ▼ 1.79% AAVE 88.40 ▼ 3.29% SELIC 14.25% EMBRAER 80.18 ▼ 2.10% EMBRAER ADR 62.15 ▼ 2.51% JBS 12.22 — 0.00% JBS BDR 62.87 ▲ 0.32% MBRF3 17.70 ▲ 3.51% MBRFY 3.41 ▲ 4.92% INTER 5.38 ▼ 1.10% EGX 50,488 ▲ 1.33% USD/ZAR 16.36 ▼ 0.49% USD/NGN 1,378 — 0.00% NIKKEI 70,062 ▲ 0.86% CSI300 4,979 ▲ 1.07% HSI 22,881 ▼ 0.63% NIFTY 23,866 ▼ 0.34% KOSPI 8,476 ▲ 0.97% JCI 5,643 ▼ 3.05% USD/JPY 162.41 ▲ 0.32% USD/CNY 6.7738 ▼ 0.19% DAX 25,013 ▲ 1.57% CAC 8,415 ▲ 0.57% FTSE 10,612 ▲ 1.21% MIB 51,740 ▲ 0.93% IBEX 19,514 ▲ 0.65% STOXX 643.45 ▲ 1.15% EUR/USD 1.1396 ▼ 0.30% GBP/USD 1.3227 ▼ 0.23% SPX 7,440 ▲ 1.18% DJI 52,183 ▲ 0.59% NDX 29,775 ▲ 2.25% RUT 3,010 ▲ 0.01% TSX 34,824 ▼ 0.45% VIX 17.43 ▼ 5.32% USD/CAD 1.4236 ▲ 0.21% US10Y 4.3740 ▲ 0.05%
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Tuesday, June 30, 2026

Argentina’s Military Renaissance in 2024: A Year of Strategic Shifts

By · December 25, 2024 · 2 min read

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Argentina’s armed forces underwent a remarkable transformation in 2024, shedding years of neglect and underfunding.

President Javier Milei’s administration kickstarted a comprehensive modernization program, aiming to restore the country’s military capabilities and international standing.

The Argentine Air Force (FAA) made headlines with its acquisition of 24 F-16A/B Block 15 MLU fighters from Denmark, marking the country’s largest arms purchase in history.

This deal revived Argentina‘s supersonic fighter capabilities, dormant since 2015. The FAA also bolstered its transport fleet with a C-130H Hercules and two Embraer ERJ-140 LR aircraft, significantly enhancing its tactical reach.

Naval forces saw similar upgrades. The Navy acquired four P-3 Orion maritime patrol aircraft from Norway and signed a letter of intent for three French Scorpene-class submarines.

Argentina's Military Renaissance in 2024: A Year of Strategic Shifts and Global Reintegration
Argentina’s Military Renaissance in 2024: A Year of Strategic Shifts and Global Reintegration. (Photo Internet reproduction)
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These additions aim to modernize Argentina’s maritime defense capabilities. The Army received five TAM 2CA2 tanks, initiating a five-year program to upgrade 74 tanks.

Its aviation branch acquired a Diamond DA-62MPP aircraft and two Bell 407GXi helicopters, improving reconnaissance and high-altitude operations.

Argentina’s Strategic Shifts

Argentina’s presence in Antarctica strengthened with successful Saab 340 aircraft deployments to various bases. The Navy resumed fixed-wing operations in the region after a 51-year hiatus, reinforcing the country’s commitment to its Antarctic territories.

On the international stage, Argentina took bold steps to align with global partners. The country formally requested to become a NATO global partner and joined the Combined Maritime Forces.

It also strengthened its ties with NATO’s Cooperative Cyber Defence Centre of Excellence. These moves signal Argentina’s desire to play a more active role in global security affairs.

The government also intensified its focus on combating drug trafficking, deploying armed forces to provide logistical support in security operations. This decision sparked debates about the military’s role in internal security matters.

Argentina’s participation in multinational military exercises, including Unitas LXV and Cruzeiro do Sul, further demonstrated its commitment to improving interoperability with allied forces.

This year of transformation highlights Argentina’s determination to modernize its military and reintegrate into the international community.

Despite economic challenges, the country has made significant strides in enhancing its defense capabilities and global partnerships, potentially reshaping its role in regional and global security dynamics.

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