IBOV 172,340 ▼ 0.83% IPSA 10,618 ▼ 1.58% IPC MEX 68,140 ▼ 0.65% MERVAL 3,230,476 ▲ 2.02% COLCAP 2,176.90 ▼ 0.26% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.02 ▼ 0.37% USD/MXN 17.35 ▼ 0.03% USD/CLP 891.27 ▲ 0.17% USD/COP 3,560 ▼ 3.22% USD/PEN 3.41 ▲ 0.18% USD/ARS 1,427 ▲ 1.28% USD/UYU 40.17 ▲ 0.08% USD/PYG 5,091 ▼ 15.13% USD/BOB 6.85 ▼ 0.15% USD/DOP 58.15 ▲ 0.16% USD/CRC 452.56 ▲ 0.29% USD/GTQ 7.62 ▼ 0.05% USD/HNL 26.63 ▼ 0.02% USD/NIO 36.62 — 0.00% USD/VES 553.04 ▼ 0.13% USD/PAB 1.00 ▲ 2.24% USD/BZD 2.00 ▲ 1.67% USD/JMD 156.39 ▲ 0.80% USD/TTD 6.72 ▲ 1.00% EUR/BRL 5.84 ▼ 0.70% BRENT 94.90 ▲ 3.10% WTI 91.91 ▲ 5.21% IRON ORE 161.91 — — COPPER 6.58 ▲ 3.48% GOLD 4,517 ▼ 0.96% SILVER 75.55 ▼ 0.09% SOY 1,179 ▼ 0.63% CORN 442.50 ▼ 0.95% WHEAT 607.75 ▼ 0.45% COFFEE 260.00 ▼ 2.11% SUGAR 14.42 ▲ 2.56% ORANGE JUICE 154.45 ▼ 3.01% COTTON 76.66 ▲ 0.67% COCOA 3,899 ▼ 0.61% BEEF 240.40 ▼ 3.16% CATTLE 351.18 ▲ 0.79% LITHIUM 86.07 ▼ 1.24% PETR4 42.19 ▲ 2.16% VALE3 81.77 ▼ 1.27% ITUB4 39.50 ▼ 1.30% BBDC4 17.60 ▼ 0.46% ABEV3 16.40 ▲ 0.49% BBAS3 20.26 ▲ 0.10% B3SA3 16.26 ▼ 1.45% WEGE3 43.00 ▼ 2.49% PRIO3 63.18 ▲ 1.49% SUZB3 40.80 ▼ 2.65% RENT3 41.48 ▼ 1.29% AZZA3 19.01 ▼ 1.55% CSAN3 3.91 ▲ 2.89% RAIZ4 0.37 ▲ 2.78% PCAR3 1.71 ▼ 8.06% GMAT3 4.10 ▼ 3.98% PSSA3 48.27 ▼ 0.08% CVCB3 1.54 ▲ 2.67% POSI3 4.06 ▼ 0.25% SLCE3 15.19 ▼ 2.00% NATU3 9.78 ▼ 1.71% BRKM5 10.28 ▼ 1.72% RANI3 7.98 ▼ 0.50% CSNA3 6.33 ▼ 5.66% CMIN3 4.50 ▼ 3.43% USIM5 11.05 ▼ 0.27% GGBR4 23.06 ▲ 1.27% ENEV3 25.04 ▼ 2.30% NEOE3 33.80 — 0.00% CPFE3 42.75 ▼ 1.48% CMIG4 10.72 ▼ 0.37% EQTL3 38.48 ▼ 0.18% LREN3 15.06 ▲ 1.07% VIVT3 33.22 ▼ 1.77% RAIL3 13.95 ▲ 1.68% KLABIN 16.62 ▼ 0.30% RAIA DROGASIL 17.95 ▼ 3.96% RDOR3 33.75 ▼ 0.79% HAPV3 12.30 ▲ 1.23% FLRY3 15.26 ▼ 0.84% SMTO3 17.28 ▲ 1.77% UGPA3 25.67 ▼ 0.77% VBBR3 29.96 ▲ 0.71% BBSE3 35.08 ▼ 0.90% BPAC11 52.83 ▼ 1.71% CURY3 31.51 ▼ 0.69% AERI3 2.33 ▲ 1.75% VIVARA 21.59 ▼ 1.14% COMPASS 26.22 ▼ 2.05% VAMOS 2.99 ▼ 2.29% SANB11 27.10 ▼ 0.22% ASAI3 8.61 ▼ 1.60% SBSP3 27.55 ▼ 1.43% WALMEX 52.31 ▼ 0.17% GMEXICO 216.53 ▲ 0.60% FEMSA 203.82 ▼ 1.36% CEMEX 22.90 ▲ 0.31% GFNORTE 180.64 ▼ 0.08% BIMBO 57.56 ▼ 3.57% TELEVISA 9.38 ▲ 0.75% AMX 21.91 ▼ 0.32% GAP 403.04 ▼ 1.29% ASUR 293.55 ▼ 0.96% OMA 215.79 ▼ 1.02% KOF 185.22 ▼ 1.16% GRUMA 292.28 ▲ 0.52% KIMBER 38.36 ▼ 0.10% SQM-B 74,588 ▼ 2.12% COPEC 6,375 ▲ 0.82% BSANTANDER 69.03 ▼ 1.39% FALABELLA 5,642 ▼ 1.02% ENELAM 78.02 ▲ 0.03% CENCOSUD 2,140 ▲ 1.95% CMPC 1,076 ▲ 0.94% BANCO CHILE 166.71 ▼ 0.57% LATAM AIR 22.93 ▼ 4.85% YPF 80,900 ▲ 3.25% GGAL 7,660 ▲ 2.20% PAMPA 5,210 ▲ 2.56% TXAR 691.00 ▼ 0.22% ALUAR 1,029 ▲ 0.98% TGS 9,355 ▲ 2.41% CEPU 2,396 ▲ 1.70% MIRGOR 17,225 ▲ 1.62% COME 50.20 ▲ 1.70% LOMA NEGRA 3,705 ▲ 3.13% BYMA 302.00 ▲ 1.68% TELECOM ARG 4,328 — 0.00% ECOPETROL 16.08 ▲ 10.06% BANCOLOMBIA 74.23 ▲ 8.22% GRUPO AVAL 5.06 ▲ 9.76% CREDICORP 340.38 ▼ 0.66% SOUTHERN COPPER 196.88 ▲ 2.91% BUENAVENTURA 35.78 ▼ 3.02% MERCADOLIBRE 1,710 ▲ 0.86% NUBANK 12.97 ▼ 1.26% XP 16.69 ▲ 0.09% PAGSEGURO 9.41 ▲ 0.59% STONE 11.59 ▲ 1.22% GLOBANT 44.55 ▲ 10.38% TECNOGLASS 44.24 ▲ 2.67% GAP AIRPORT 231.92 ▼ 1.85% ASUR 293.55 ▼ 0.96% OMA AIRPORT 99.54 ▼ 0.78% AMX ADR 25.24 ▼ 0.57% FEMSA ADR 117.64 ▼ 1.17% CEMEX ADR 13.21 ▲ 0.88% PETROBRAS ADR 18.87 ▲ 0.51% VALE ADR 16.26 ▲ 0.03% ITAU ADR 7.83 ▼ 0.65% SANTANDER BR 5.42 ▼ 0.46% AMBEV ADR 3.25 ▲ 1.25% CSN 1.28 ▼ 5.56% GERDAU 4.59 ▲ 1.90% LATAM ADR 51.46 ▼ 4.14% BTC 71,376 ▼ 3.00% ETH 1,982 ▼ 1.11% SOL 80.55 ▼ 2.12% XRP 1.29 ▼ 2.76% BNB 685.88 ▼ 3.20% ADA 0.23 ▼ 2.25% DOGE 0.10 ▼ 0.59% AVAX 8.88 ▼ 0.89% LINK 9.03 ▼ 1.09% DOT 1.15 ▼ 2.81% LTC 50.70 ▼ 2.51% BCH 289.24 ▼ 4.35% TRX 0.35 ▼ 1.64% XLM 0.26 ▼ 0.89% HBAR 0.09 ▼ 3.52% NEAR 2.51 ▲ 8.12% ATOM 1.92 ▼ 1.69% AAVE 79.96 ▼ 2.55% SELIC 14.50% EMBRAER 71.75 ▼ 2.22% EMBRAER ADR 57.11 ▼ 1.11% JBS 12.19 ▼ 2.29% JBS BDR 61.02 ▲ 0.03% MBRF3 15.79 ▼ 1.37% MBRFY 3.20 ▲ 4.92% INTER 6.27 ▲ 1.54% EGX 52,854 ▲ 0.37% USD/ZAR 16.28 ▲ 0.42% USD/NGN 1,367 ▼ 0.23% NIKKEI 66,934 ▲ 0.91% CSI300 4,844 ▼ 0.98% HSI 25,398 ▲ 0.86% NIFTY 23,383 ▼ 0.70% KOSPI 8,788 ▲ 3.68% JCI 6,127 ▼ 0.05% USD/JPY 159.64 ▲ 0.24% USD/CNY 6.7645 ▼ 0.02% DAX 25,003 ▼ 0.40% CAC 8,147 ▼ 0.45% FTSE 10,339 ▼ 0.68% MIB 49,775 ▼ 0.52% IBEX 18,185 ▼ 0.97% STOXX 621.24 ▼ 0.76% EUR/USD 1.1637 ▼ 0.19% GBP/USD 1.3463 ▲ 0.04% SPX 7,612 ▲ 0.42% DJI 51,032 — 0.00% NDX 30,582 ▲ 0.82% RUT 2,917 ▼ 0.08% TSX 34,763 ▼ 0.02% VIX 15.76 ▲ 2.87% USD/CAD 1.3833 ▲ 0.29% US10Y 4.4710 ▲ 0.40% IBOV 172,340 ▼ 0.83% IPSA 10,618 ▼ 1.58% IPC MEX 68,140 ▼ 0.65% MERVAL 3,230,476 ▲ 2.02% COLCAP 2,176.90 ▼ 0.26% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.02 ▼ 0.37% USD/MXN 17.35 ▼ 0.03% USD/CLP 891.27 ▲ 0.17% USD/COP 3,560 ▼ 3.22% USD/PEN 3.41 ▲ 0.18% USD/ARS 1,427 ▲ 1.28% USD/UYU 40.17 ▲ 0.08% USD/PYG 5,091 ▼ 15.13% USD/BOB 6.85 ▼ 0.15% USD/DOP 58.15 ▲ 0.16% USD/CRC 452.56 ▲ 0.29% USD/GTQ 7.62 ▼ 0.05% USD/HNL 26.63 ▼ 0.02% USD/NIO 36.62 — 0.00% USD/VES 553.04 ▼ 0.13% USD/PAB 1.00 ▲ 2.24% USD/BZD 2.00 ▲ 1.67% USD/JMD 156.39 ▲ 0.80% USD/TTD 6.72 ▲ 1.00% EUR/BRL 5.84 ▼ 0.70% BRENT 94.90 ▲ 3.10% WTI 91.91 ▲ 5.21% IRON ORE 161.91 — — COPPER 6.58 ▲ 3.48% GOLD 4,517 ▼ 0.96% SILVER 75.55 ▼ 0.09% SOY 1,179 ▼ 0.63% CORN 442.50 ▼ 0.95% WHEAT 607.75 ▼ 0.45% COFFEE 260.00 ▼ 2.11% SUGAR 14.42 ▲ 2.56% ORANGE JUICE 154.45 ▼ 3.01% COTTON 76.66 ▲ 0.67% COCOA 3,899 ▼ 0.61% BEEF 240.40 ▼ 3.16% CATTLE 351.18 ▲ 0.79% LITHIUM 86.07 ▼ 1.24% PETR4 42.19 ▲ 2.16% VALE3 81.77 ▼ 1.27% ITUB4 39.50 ▼ 1.30% BBDC4 17.60 ▼ 0.46% ABEV3 16.40 ▲ 0.49% BBAS3 20.26 ▲ 0.10% B3SA3 16.26 ▼ 1.45% WEGE3 43.00 ▼ 2.49% PRIO3 63.18 ▲ 1.49% SUZB3 40.80 ▼ 2.65% RENT3 41.48 ▼ 1.29% AZZA3 19.01 ▼ 1.55% CSAN3 3.91 ▲ 2.89% RAIZ4 0.37 ▲ 2.78% PCAR3 1.71 ▼ 8.06% GMAT3 4.10 ▼ 3.98% PSSA3 48.27 ▼ 0.08% CVCB3 1.54 ▲ 2.67% POSI3 4.06 ▼ 0.25% SLCE3 15.19 ▼ 2.00% NATU3 9.78 ▼ 1.71% BRKM5 10.28 ▼ 1.72% RANI3 7.98 ▼ 0.50% CSNA3 6.33 ▼ 5.66% CMIN3 4.50 ▼ 3.43% USIM5 11.05 ▼ 0.27% GGBR4 23.06 ▲ 1.27% ENEV3 25.04 ▼ 2.30% NEOE3 33.80 — 0.00% CPFE3 42.75 ▼ 1.48% CMIG4 10.72 ▼ 0.37% EQTL3 38.48 ▼ 0.18% LREN3 15.06 ▲ 1.07% VIVT3 33.22 ▼ 1.77% RAIL3 13.95 ▲ 1.68% KLABIN 16.62 ▼ 0.30% RAIA DROGASIL 17.95 ▼ 3.96% RDOR3 33.75 ▼ 0.79% HAPV3 12.30 ▲ 1.23% FLRY3 15.26 ▼ 0.84% SMTO3 17.28 ▲ 1.77% UGPA3 25.67 ▼ 0.77% VBBR3 29.96 ▲ 0.71% BBSE3 35.08 ▼ 0.90% BPAC11 52.83 ▼ 1.71% CURY3 31.51 ▼ 0.69% AERI3 2.33 ▲ 1.75% VIVARA 21.59 ▼ 1.14% COMPASS 26.22 ▼ 2.05% VAMOS 2.99 ▼ 2.29% SANB11 27.10 ▼ 0.22% ASAI3 8.61 ▼ 1.60% SBSP3 27.55 ▼ 1.43% WALMEX 52.31 ▼ 0.17% GMEXICO 216.53 ▲ 0.60% FEMSA 203.82 ▼ 1.36% CEMEX 22.90 ▲ 0.31% GFNORTE 180.64 ▼ 0.08% BIMBO 57.56 ▼ 3.57% TELEVISA 9.38 ▲ 0.75% AMX 21.91 ▼ 0.32% GAP 403.04 ▼ 1.29% ASUR 293.55 ▼ 0.96% OMA 215.79 ▼ 1.02% KOF 185.22 ▼ 1.16% GRUMA 292.28 ▲ 0.52% KIMBER 38.36 ▼ 0.10% SQM-B 74,588 ▼ 2.12% COPEC 6,375 ▲ 0.82% BSANTANDER 69.03 ▼ 1.39% FALABELLA 5,642 ▼ 1.02% ENELAM 78.02 ▲ 0.03% CENCOSUD 2,140 ▲ 1.95% CMPC 1,076 ▲ 0.94% BANCO CHILE 166.71 ▼ 0.57% LATAM AIR 22.93 ▼ 4.85% YPF 80,900 ▲ 3.25% GGAL 7,660 ▲ 2.20% PAMPA 5,210 ▲ 2.56% TXAR 691.00 ▼ 0.22% ALUAR 1,029 ▲ 0.98% TGS 9,355 ▲ 2.41% CEPU 2,396 ▲ 1.70% MIRGOR 17,225 ▲ 1.62% COME 50.20 ▲ 1.70% LOMA NEGRA 3,705 ▲ 3.13% BYMA 302.00 ▲ 1.68% TELECOM ARG 4,328 — 0.00% ECOPETROL 16.08 ▲ 10.06% BANCOLOMBIA 74.23 ▲ 8.22% GRUPO AVAL 5.06 ▲ 9.76% CREDICORP 340.38 ▼ 0.66% SOUTHERN COPPER 196.88 ▲ 2.91% BUENAVENTURA 35.78 ▼ 3.02% MERCADOLIBRE 1,710 ▲ 0.86% NUBANK 12.97 ▼ 1.26% XP 16.69 ▲ 0.09% PAGSEGURO 9.41 ▲ 0.59% STONE 11.59 ▲ 1.22% GLOBANT 44.55 ▲ 10.38% TECNOGLASS 44.24 ▲ 2.67% GAP AIRPORT 231.92 ▼ 1.85% ASUR 293.55 ▼ 0.96% OMA AIRPORT 99.54 ▼ 0.78% AMX ADR 25.24 ▼ 0.57% FEMSA ADR 117.64 ▼ 1.17% CEMEX ADR 13.21 ▲ 0.88% PETROBRAS ADR 18.87 ▲ 0.51% VALE ADR 16.26 ▲ 0.03% ITAU ADR 7.83 ▼ 0.65% SANTANDER BR 5.42 ▼ 0.46% AMBEV ADR 3.25 ▲ 1.25% CSN 1.28 ▼ 5.56% GERDAU 4.59 ▲ 1.90% LATAM ADR 51.46 ▼ 4.14% BTC 71,376 ▼ 3.00% ETH 1,982 ▼ 1.11% SOL 80.55 ▼ 2.12% XRP 1.29 ▼ 2.76% BNB 685.88 ▼ 3.20% ADA 0.23 ▼ 2.25% DOGE 0.10 ▼ 0.59% AVAX 8.88 ▼ 0.89% LINK 9.03 ▼ 1.09% DOT 1.15 ▼ 2.81% LTC 50.70 ▼ 2.51% BCH 289.24 ▼ 4.35% TRX 0.35 ▼ 1.64% XLM 0.26 ▼ 0.89% HBAR 0.09 ▼ 3.52% NEAR 2.51 ▲ 8.12% ATOM 1.92 ▼ 1.69% AAVE 79.96 ▼ 2.55% SELIC 14.50% EMBRAER 71.75 ▼ 2.22% EMBRAER ADR 57.11 ▼ 1.11% JBS 12.19 ▼ 2.29% JBS BDR 61.02 ▲ 0.03% MBRF3 15.79 ▼ 1.37% MBRFY 3.20 ▲ 4.92% INTER 6.27 ▲ 1.54% EGX 52,854 ▲ 0.37% USD/ZAR 16.28 ▲ 0.42% USD/NGN 1,367 ▼ 0.23% NIKKEI 66,934 ▲ 0.91% CSI300 4,844 ▼ 0.98% HSI 25,398 ▲ 0.86% NIFTY 23,383 ▼ 0.70% KOSPI 8,788 ▲ 3.68% JCI 6,127 ▼ 0.05% USD/JPY 159.64 ▲ 0.24% USD/CNY 6.7645 ▼ 0.02% DAX 25,003 ▼ 0.40% CAC 8,147 ▼ 0.45% FTSE 10,339 ▼ 0.68% MIB 49,775 ▼ 0.52% IBEX 18,185 ▼ 0.97% STOXX 621.24 ▼ 0.76% EUR/USD 1.1637 ▼ 0.19% GBP/USD 1.3463 ▲ 0.04% SPX 7,612 ▲ 0.42% DJI 51,032 — 0.00% NDX 30,582 ▲ 0.82% RUT 2,917 ▼ 0.08% TSX 34,763 ▼ 0.02% VIX 15.76 ▲ 2.87% USD/CAD 1.3833 ▲ 0.29% US10Y 4.4710 ▲ 0.40%
since 2009
Monday, June 1, 2026

Defense Monitor

Latin America Defense Monitor — May 24 – June 1, 2026

· Monday, June 1, 2026 · 19 min read

Weekly Edition · Monday, June 1, 2026 · Issue #12

Military operations, defense procurement, security policy, and force-posture developments across Latin America and the Caribbean

Bottom Line Up Front

The Week’s Verdict: Latin America defense crossed from operational signaling into operational presence between May 24 and June 1, with the SOUTHCOM commander landing inside Caracas, a U.S. carrier strike group sustaining a Cuba-directed posture, and Bolivia’s Congress dismantling the legal ceiling on military intervention in domestic protests.

01

Venezuela — SOUTHCOM commander Gen. Francis L. Donovan lands in Caracas in two MV-22B Ospreys for his second official visit. Donovan, the officer who commanded the January 3 operation that captured Nicolas Maduro, supervised a “military response exercise” inside the U.S. Embassy on May 23, then met interim-government leaders. Five days later, María Corina Machado issued the “Manifiesto de Panamá” formally proposing direct negotiation with interim president Delcy Rodríguez.

02

Caribbean — USS Nimitz CSG holds Cuba-pressure posture as Trump administration pursues “accelerationism” strategy. Politico reported May 29 that the Caribbean concentration of U.S. military forces is now the largest outside the Middle East. Trump publicly stated Cuba is “about to fall.” Raúl Castro indictment activated. CSIS analyst Cancian: the Nimitz is there “primarily for intimidation, though it could be used in a military operation if needed.”

03

Bolivia — President Rodrigo Paz promulgates Ley 1732 abrogating the 2020 Ley 1341, removing legal restrictions on military intervention in domestic protests. Senate approved May 24, Chamber of Deputies May 26 by more than two-thirds, Paz promulgated May 27. The Ley Eva Copa — drafted after the 2019 crisis to constrain executive use of the armed forces — is gone. Country-risk indicator now second-highest in Latin America behind Venezuela.

What changed since Issue #11: The Bolivia crisis tracked in Issue #11 as “Corredor Humanitario” has transitioned from joint police-military deployment to a legal-architecture overhaul that unlocks state-of-exception powers.

The Caribbean pressure framing flagged in Issue #11 as “Cuba signaling” has produced an operational data point — a sitting SOUTHCOM commander landing inside Caracas with two Marine tilt-rotors. The Brazilian Shield-Tinia exercise opened in Issue #11 closed at Anapolis May 29 with the F-39E Gripen confirmed in full Quick Reaction Alert role.


Force Posture — This Week’s Snapshot
Country This Week’s Move Direction Counterparty Status Watch
Venezuela SOUTHCOM CDR lands Caracas; Manifiesto de Panamá issued ⚠ Risk U.S. SOUTHCOM / Machado opp. Donovan visit May 23 Rodríguez response
Cuba CSG-11 Caribbean posture sustained ⚠ Risk U.S. SOUTHCOM Posture held May 24–Jun 1 Strike-group rotation
Bolivia Ley 1732 abrogates Ley 1341 — FFAA constraints removed ⚠ Risk Domestic / Internal Promulgated May 27 State of exception
Brazil Shield-Tinia closes; SABER M200 radar tested vs F-39 ↑ Capability Saab/Embraer/IACIT Closed May 29 SABER export campaign
Brazil Marines retire SK-105 A2S light tank fleet → Gap Otokar / FNSS / Hanwha Sold as scrap May 29 Tender close 2027
Argentina First UNIMOG tactical truck batch received; Daga Atlántica continues ↑ Capability Mercedes-Benz / U.S. SOF Received late May Black Hawk LOR
Colombia Catatumbo drone strike kills soldier; antidrone tender at deadline ⚠ Risk ELN / Tender bidders Attack May 24 Tender award
Chile Salitre 2026 final planning; Patrullas Arica with Brazil → Interop FAB/FAA/USAF/FAC/FAP Pre-deployment Jun 28–Jul 12 window

Sources: Infodefense, Defense.com, Zona Militar, Sociedade Militar, DefesaNet, Infobae, La Patilla, NTN24, El Tiempo, El Colombiano, La Tercera, Politico, Navy Times, Task & Purpose, Wikipedia ES, BioBioChile, La Nación, AFP. Direction key: ↑ Procurement/Capability/Finance · → Status change/Interop/Gap · ⚠ Risk event.

Latin America Defense Monitor — May 24 – June 1, 2026
Latin America Defense Monitor — May 24 – June 1, 2026


Status Changes Since Issue #11
Program / Item Issue #11 Status Current Status Source
Venezuela transition Delcy Rodríguez first abroad trip (ICJ La Haya) SOUTHCOM CDR in Caracas; Machado proposes direct talks SOUTHCOM / Infobae
Bolivia internal crisis Corredor Humanitario deployed (police + 1,000 FFAA) Legal cap removed (Ley 1732); state of exception unlocked Gaceta Oficial / Infobae
CSG-11 / Cuba pressure Nimitz enters Caribbean (May 21) Largest U.S. force concentration outside Middle East Politico / Task & Purpose
Colombia Escudo Nacional Antidrones Casualty in Cauca raises deadline pressure Catatumbo strike (May 24) kills 1, wounds 7 El Colombiano / La Patilla
Brazil F-39E Gripen integration First major joint exercise opens (May 11) Shield-Tinia closes; QRA role confirmed at Anapolis FAB COMAE / Rio Times
Argentina–U.S. cooperation King Air 360ER MPA LOI signed UNIMOG trucks delivery begins; Black Hawk confirmed in plan Zona Militar
Brazil Marine SK-105 fleet In service, awaiting tender award Retired; sold as scrap; armored gap until ~2032 Rio Times / Janes

01
Procurement & Industrial

The procurement axis was uneven this week. Brazil produced two contradictory signals — domestic phased-array radar technology validating against the country’s own most modern fighter at Anapolis, while the Marine Corps quietly auctioned the SK-105 light-tank fleet as scrap with no replacement in service.

Argentina received its first cohort of new UNIMOG tactical trucks and quietly added a UH-60 Black Hawk Letter of Request to the post-2025 capability pipeline.

Brazil’s Army formally unified its ASTROS-FOGOS strategic-fires programme into a single architecture pointing toward a domestic tactical ballistic missile. The week’s news was less about contracts signed than about the institutional repositioning that contracts require.

High
May 11–29 · Brazil

SABER M200 Vigilante radar confronts F-39 Gripen — first 4.5-gen test of a Brazilian phased-array radar

The Brazilian Army deployed the SABER M200 Vigilante air-defense radar to Anapolis between May 11 and May 15, integrating it with organic anti-aircraft artillery units against a Saab F-39 Gripen operated by the FAB.

It was the homegrown radar’s first major confrontation with a 4.5-generation fighter and the most important field-validation event for the Brazilian defense-industrial base in 2026.

The Army Evaluation Center (CAEx) moved engineers from its Marambaia test range, west of Rio de Janeiro and operational since 1948, to Anapolis to run the trial. The radar was integrated with anti-aircraft artillery means of the Army for the first time.

The institutional context is the announced Brazilian programme — up to R$3.4 billion — for a new anti-aircraft system capable of intercepting drones and cruise missiles, contracting starting this year. Army defense investment is projected to roughly double to R$3 billion annually between 2026 and 2031, following a complementary law that excluded up to R$30 billion from the federal fiscal cap.

Successful integration with the F-39 clears the SABER for integration with the Centauro II armored cavalry vehicles already on order, and meaningfully widens the address space for export campaigns. Brazil is among a small group of Latin American countries with the engineering depth to develop phased-array radar in-house — alongside India, Korea, Türkiye, and a handful of European states.

High
May 29 · Brazil

Brazilian Navy retires SK-105 light tanks — Marine Corps now has no armored core

The Cuerpo de Fusileros Navais formally retired its SK-105 A2S Kürassier light-tank fleet on May 29 and sold the airframes as scrap. The decision closes a procurement file opened in 2023, when the Marine Corps stated the intention to replace the Kürassiers by 2032 with a new main battle tank under the VBC Fuz programme.

Otokar (Tulpar in 120mm light-tank configuration) and FNSS (Kaplan MT in 105mm medium-tank configuration) submitted tender entries in May 2025. NORINCO’s VT4 MBT and VN20 heavy IFV remain in the broader VBC CC / VBC Fuz competition.

The operational gap is real. The Brazilian Marine Corps will have no organic main-battle-tank capability until the VBC Fuz contract reaches initial delivery — likely 2030 at the earliest. The retirement signal also matters institutionally.

Selling the Kürassiers as scrap rather than mothballing or transferring them — Uruguay’s Bernardini-modernized M41B/Cs would have been a natural recipient — confirms the Navy’s procurement leadership has accepted a multi-year gap in exchange for technical sovereignty in the replacement decision.

Med
Late May · Argentina

First UNIMOG batch arrives at Rio Cuarto — Ejército ground-mobility pipeline opens

The Ejército Argentino formally received the first batch of Mercedes-Benz UNIMOG tactical trucks at Rio Cuarto in late May, initiating the institutional acceptance, training, and inspection processes for a programme that will replace the Ejército’s largely 1970s-vintage tactical wheeled fleet.

The arrival is consistent with the post-Plan ARMA capability pipeline outlined in Issues #10 and #11, and follows the King Air 360ER MPA Letter of Intent signed for the Armada Argentina on May 21.

The Jefe de Estado Mayor General del Ejército, Teniente General Oscar Santiago Zarich, separately confirmed during the institution’s 216th anniversary ceremony on May 29 that the UH-60 Black Hawk is “one of the helicopters the Ejército will incorporate” — the first time a sitting Army chief has publicly named the platform as a planned acquisition.

Med
May 21 · Brazil

Brazilian Army unifies ASTROS-FOGOS into single tactical-ballistic architecture

Under EME/C Ex Ordinance No. 1,703/2026, the Brazilian Army formally restructured its ASTROS-FOGOS strategic-fires programme to unify rocket artillery, cruise projectiles, and ballistic systems into a single architecture.

The resulting platform — identified across the specialist press as S+100 — will operate atop existing ASTROS infrastructure and is configured for what the institution describes as a long-trajectory, broad-coverage role.

The combination of strategic logistics consolidation and the institutional commitment to a domestic tactical-ballistic-missile capability puts Brazil in the second tier of the global TBM map alongside Türkiye, Iran, North Korea, and South Korea.

The first-generation derivative will most plausibly leverage the AVTM (Aero Vector Tactical Missile) line developed by Avibras across the past decade. Production timelines and unit costs were not disclosed.

Low
May 27 · Brazil

Paraná Civil Police receives first Senator APC

The Civil Police of Paraná state took delivery of its first Senator APC, the Canadian-built armored personnel carrier. Vehicles will also be delivered to the Military and Penitentiary Police, with configurations adapted to each force’s operational needs.

Subnational adoption of armored mobility platforms by Brazilian state police continues a trend visible since 2020 and reflects the persistent erosion of the line between civil and military security responsibilities in the country’s most violent jurisdictions.

02
Operations & Incidents

The operational axis tracked the closure of three exercises and a renewed pulse of irregular-armed-group drone violence in Colombia. The FAB closed Shield-Tinia 2026 at Anapolis on May 29 with the F-39E Gripen confirmed in full quick-reaction-alert role — the first time a domestically-assembled supersonic fighter has owned the central Brazilian airspace.

Salitre 2026 multinational planning advanced. Chile-Brazil patrol competition opened in Arica. In Colombia, an ELN drone strike in the Catatumbo killed one soldier and wounded seven, sustaining the unbroken 1.5-day-per-attack tempo against the country’s security forces.

High
May 29 · Brazil

Shield-Tinia 2026 closes at Anapolis with F-39E Gripen in confirmed QRA role

The Brazilian Air Force closed its largest joint exercise of the year at the Anapolis air base in Goiás on May 29. The ESCUDO-TÍNIA 2026 cycle, which ran from May 11, brought together aircraft from the Army, Navy, and Air Force — F-39 Gripen, A-1M, A-29 Super Tucano, F-5M, E-99, KC-390 Millennium, and C-105 Amazonas — operating alongside ground and naval components.

The F-39 Gripen made its debut in the operational training programme. The selection of Anapolis as venue confirms the base’s full operational status for the new fighter, retooled to host the F-39 fleet and now Brazil’s primary alert station for central-west and Federal District airspace.

The Gripen Anapolis cycle was the first major exercise Brazil staged outside its southern fighter bases, and it landed precisely as neighbouring Colombia prepares its first payments on the $4.3 billion order for 17 Gripen E/F aircraft signed in November 2025 with deliveries scheduled 2026–2032.

The signaling is deliberate. Brazilian-assembled Gripens flying QRA missions from a base configured for the role, in a national exercise framework integrated with army anti-aircraft means, is the strongest endorsement Saab and Embraer can deliver to a paying foreign customer.

High
May 24 · Colombia

Catatumbo drone strike kills soldier — 500-attack milestone reached

A drone-delivered explosive attack attributed to the ELN killed one soldier and wounded seven during military operations in the Catatumbo region of Norte de Santander on Sunday, May 24. The strike is the second fatal drone incident against the Colombian armed forces in 2026 covered by the Defense Monitor — the Cauca attack reported in Issue #11 killed one officer and wounded six on May 19–20.

According to specialist tracking cited by Infodefense, the country has now sustained 500 drone attacks since 2024, with at least 915 grenades adapted to unmanned platforms deployed. The toll: 436 members of the security forces wounded, 24 soldiers killed, one Marine Corps infante killed, and 28 police officers killed.

The frequency, according to Colombian Army figures, is now one drone attack every 1.5 days. The Escudo Nacional Antidrones contract — opened by Presidential order in December 2025 — was meant to award before the May 31 first-round election.

As of the period close, no award has been confirmed. The technological trend is also worsening: the February ELN strike against the San Jorge garrison in Saravena used fiber-optic-guided drones for the first time, defeating Colombian electronic-warfare countermeasures. Specialist Camilo Mendoza, cited by InfoDefense, forecasts that within four months irregular groups will operate larger payloads in saturating swarms.

Med
Late May · Argentina

Daga Atlántica SOF exercise continues; Army commemorates 216th anniversary

The Argentine Armed Forces continued the Combined Special Operations Forces exercise Daga Atlántica (Atlantic Dagger) through the week, the bilateral framework with U.S. Special Operations Command South that has cycled annually since 2024.

The exercise provides the Command de Operations Especiales de la Marina Argentina, the Compañía de Commands 601 and 602, and the FAA’s Grupo Aéreo de Operations Especiales with sustained interoperability training and South Atlantic-relevant tactical scenarios.

Separately, the Ejército Argentino commemorated its 216th anniversary on Friday, May 29, with a ceremony at the Colegio Militar de la Nación in El Palomar, presided over by chief Teniente General Oscar Santiago Zarich.

Med
Late May · Chile / Brazil

Patrullas de Infantería 2026 opens in Arica with Brazilian delegation

The annual Competencia de Patrullas de Infantería 2026, organized by the Chilean Army’s Command de Operations Terrestres and executed by the 1ª Brigada Acorazada Coraceros, opened in Arica with a Brazilian Army delegation participating alongside Chilean teams.

The event commemorates the Asalto y Toma del Morro de Arica and Day of the Glories of the Infantry Arm of the Chilean Army. Brazilian participation continues the deepening of Brazil-Chile ground-forces interoperability that has accelerated under the Kast administration’s Defense Ministry.

Med
May 26–29 · Uruguay

Fuerza Air Force Uruguaya advanced flight squadron deploys to Paysandú

The Escuadrón de Vuelo Avanzado of the Fuerza Air Force Uruguaya conducted an operational and training deployment at Paysandú International Airport between May 26 and May 29, conducting tactical instruction and proficiency activities.

The deployment is consistent with the broader FAU operational rhythm that has accompanied the institution’s incremental modernization, including the Super Tucano fleet acquired under the Lacalle Pou government and the FAU’s growing relationship with U.S. SOUTHCOM training pipelines.

Low
Late May · Multinational

Salitre 2026 final planning conference completes

Representatives of the Fuerza Air Force de Chile and the air forces of Argentina, Brazil, Colombia, the United States and Paraguay closed Salitre 2026 planning during the period, with execution scheduled at Antofagasta from June 28 to July 12.

The 2022 edition featured A-4AR and IA-63 Pampa III from Argentina; F-5EM and KC-390 from Brazil; and A-36 Toqui, A-29 Super Tucano, F-16 Block 50, F-16 MLU, F-5 Tigre III, MH-60M, Bell 412EP, KC-130R, KC-135E, and E-3D Sentry from Chile.

The 2026 platform mix has not been disclosed, but Brazilian F-39E participation is the central operational question — confirmation would put the new fighter into its first multinational coalition exercise.

03
Policy & Posture

The policy axis dominated the issue. Bolivia’s Congress dismantled the 2020 legal architecture that constrained presidential use of the armed forces in domestic protests — a structural pivot in civil-military relations whose closest precedent is the 2019 transitional moment under Áñez.

Venezuela hosted a sitting SOUTHCOM commander inside the U.S. Embassy compound, with two Marine MV-22B Ospreys overflying Caracas residential districts; days later, María Corina Machado issued the “Manifiesto de Panamá” formally proposing direct negotiation with the Rodríguez interim government and a U.S.-monitored electoral process. Two posture pivots that together redraw the Andean political-military map.

High
May 23–24 · Venezuela / United States

SOUTHCOM commander lands in Caracas — second official visit to Venezuela in 2026

General Francis L. Donovan, USMC, the commander of U.S. Southern Command and the officer responsible for the January 3 operation that captured Nicolas Maduro, arrived in Caracas on Saturday, May 23, aboard two MV-22B Ospreys of the 22nd Marine Expeditionary Unit.

The aircraft overflew the southeastern suburbs of the capital — Valle Arriba and adjacent residential zones — before landing at the U.S. Embassy compound. According to the Venezuelan Foreign Ministry, Caracas had authorized the operation in advance as “a simulacrum of evacuation for medical or catastrophic contingencies, as part of regular protocols of diplomatic security.”

SOUTHCOM described the visit as “his second official visit to the country,” including bilateral discussions with senior interim-government leaders, meetings with U.S. Embassy leadership, and observation of “a joint force military response exercise.”

The military analytic reading is unambiguous. Colonel (ret.) Isidro Echtan Pérez Villalobos, cited by Infobae, characterized the operation as situated “within the doctrinal frame of Operation Southern Spear,” and warned that it “could be interpreted as an attempt to normalize the operational presence of the United States military in Venezuelan territory, and eventually, as the preamble to future U.S. military bases on Venezuelan soil.”

Donovan’s first Caracas visit, earlier in 2026, was a closed protocol event. This one was photographed by Venezuelan civilians from residential balconies and amplified across both Venezuelan and U.S. outlets within hours.

The signalling is to multiple audiences simultaneously: the Rodríguez government (a reminder of the operational reach that captured her predecessor), the Venezuelan opposition (a confirmation of the Trump administration’s investment in transition architecture), Havana (a demonstration of the SOUTHCOM toolkit in the basin), and the U.S. domestic audience (a defense-policy statement framed in operational rather than diplomatic register).

High
May 28 · Venezuela

Machado issues “Manifiesto de Panamá” — proposes direct negotiation with Rodríguez government

From Panama on Thursday, May 28, opposition leader María Corina Machado issued the “Manifiesto de Panamá,” a formal political document calling for “serious, firm, and responsible political negotiation with the interim regime to restore democracy in Venezuela.”

The manifesto was co-signed by Edmundo González Urrutia and supported by the broader Command con Venezuela structure. Machado defined the negotiation’s central purpose as “the realization of a free, transparent, and sovereign presidential election.”

She formally requested the accompaniment of the United States to anchor the process, and confirmed her own candidacy in “free and fair elections,” declaring “the departure of Rodríguez is not in doubt.”

The political-military significance is that the Machado-Rodríguez configuration Issue #10 described as antagonistic has, after five months, produced an opposition framework explicitly oriented toward direct negotiation with the interim presidency.

The implicit reading — that Machado was excluded from the original U.S.-Qatari transition track (Issue #10) but has now constructed a parallel architecture with U.S. blessing — is consistent with the Donovan Caracas visit five days earlier. Secretary of State Rubio’s “we don’t want to go too fast” framing (Issue #10) is now flanked by a Machado-mediated proposal that compresses the timeline toward elections under Machado’s own preferred terms. The chavista bureaucracy and security apparatus around Rodríguez have not formally responded.

High
May 24–27 · Bolivia

Ley 1732 abrogates Ley 1341 — Paz unlocks legal architecture for military intervention

The Bolivian Senate approved on May 24 the abrogation of Ley 1341 of October 2020 — the “Ley Eva Copa,” which had limited military participation in domestic protests to Police-overwhelmed scenarios within 60-day caps.

The Cámara de Diputados approved on May 26 in a virtual session of more than five hours with 117 deputies present, by more than two-thirds. President Rodrigo Paz promulgated Ley 1732 hours later, on May 27. The new law does not automatically declare a state of exception, but removes the statutory ceiling on presidential discretion to deploy the Fuerzas Armadas inside Bolivian territory against social mobilization.

The trigger context is the protest cycle covered in Issue #11. The blockade map expanded across the week: governor Jesús Egüez Rivero declared Beni in humanitarian emergency on May 25 over food, medicine and fuel shortages; Pando governor Claudia Paiva declared her department in emergency on May 30 over electricity and fuel supply risks.

Miners attempted to take the Parotani bridge in Quillacollo on May 25, producing the first significant police-military dispersal of the cycle. Cocaleros surrounded the Ninth Army Division in Chapare on May 25 amid rumors of imminent Morales arrest. Bolivia’s country-risk indicator now ranks second in Latin America, behind Venezuela.

The political-military reading is that the Paz government has chosen institutional escalation over negotiation, with the structural risk that the abrogated Ley Eva Copa — drafted under the post-Áñez Congress to constrain executive abuse of the FFAA — was the very legal architecture designed to prevent the next cycle of military overreach.

Med
Late May · Cuba

Trump on Cuba: island is “about to fall” — administration calls strategy “accelerationism”

President Trump told reporters during the week that Cuba is “about to fall” because the island no longer receives Venezuelan oil or remittances since the January 3 capture of Maduro.

Politico reported May 29 that the Caribbean concentration of U.S. military forces is now the largest outside the Middle East, including the USS Nimitz CSG (covered in Issue #11), additional guided-missile destroyers, and fighter assets repositioned around Florida.

A White House adviser quoted by Axios described the strategy as “accelerationism” — combining the existing trade blockade with newly-imposed oil-supply restrictions producing rolling blackouts and humanitarian compression.

CSIS analyst Mark Cancian, also cited by Politico, said the Nimitz is “primarily there for intimidation, though it could be used in a military operation if needed.” No invasion is currently planned or imminent, according to multiple administration sources, but the Pentagon has developed contingency options.

The pressure architecture’s regional implications are immediate. The Dominican Republic’s October-31 SOUTHCOM access extension (Issue #10) and Donovan’s Caracas visit form a single Caribbean operational geometry.

Russia and China — Cuba’s principal external supports — registered no LATAM defense activity during the period (see §04), constraining Havana’s response options.

The Cuban Foreign Ministry has condemned the Castro indictment as a “despicable accusation” and accused Washington of using it as a pretext for possible military action, but has not announced any operational counter-measure beyond rhetorical condemnation.

04
Extra-Regional Activity

The Great Power Tracker reflects the most asymmetric week of 2026 to date. The United States executed a high-density combination of carrier-strike-group repositioning, SOUTHCOM commander presence in Caracas, expanded basing posture in the Caribbean, and “accelerationism” rhetoric toward Cuba.

South Korea returned to the visible tier with confirmed FA-50 and K2 marketing into the Peruvian and Colombian replacement competitions. China and Russia produced no reportable LATAM activity for the third consecutive issue, an unusual quiet period that is itself the data point.

United States

Maximum-density activity

SOUTHCOM Cdr Donovan lands Caracas May 23 in two MV-22B Ospreys, supervises embassy “military response exercise.” CSG-11 holds Caribbean posture; Politico reports largest U.S. force concentration outside Middle East. Trump: Cuba “about to fall.” Daga Atlántica SOF cycle continues with Argentina. Argentine UH-60 LOR confirmed by Army CIC. King Air 360ER MPA pipeline continues. Caribbean basing geometry consolidating around DR.

China

No reportable activity

No PLAN port calls, no announced defense-industrial sales, no notable military-diplomatic events in the LATAM theatre during May 24–June 1. Third consecutive issue of absence. The Cuba pressure architecture, the Bolivia legal shift toward executive intervention, and the Donovan Caracas visit together construct a hemispheric inflection in which Beijing’s traditional access channels (PLAN visits, BRI-adjacent dual-use infrastructure, COMAC commercial penetration) are visibly constrained.

Russia

No reportable activity

No new Rosoboronexport contracts, no training MOUs, no reported Venezuela-Cuba-Nicaragua weapons flows during the period. The continued absence at a moment when Washington is forward-positioning maximum pressure against an erstwhile Russian client (Cuba) and inserting SOUTHCOM presence into another (Venezuela) underscores Moscow’s structural inability to backstop the hemispheric clients it accumulated across the 2010s.

South Korea

FA-50 / K2 marketing continues

KAI continues its FA-50 campaign into Peru’s secondary jet-trainer slot, alongside the Hanwha K2 pitch into the Brazilian VBC CC competition where NORINCO, Otokar, and FNSS also bid. The Brazilian Marine Corps SK-105 retirement opens a fresh tender window in which Hanwha’s K21 IFV and K-series platforms could compete. Korea remains positioned as a third-way supplier between Washington’s FMS pipeline and Beijing’s BRI track.


What to Watch — June 2–8, 2026
Early week
Bolivia — Possible declaration of state of exception under new Ley 1732 framework. The constitutional mechanism is now legally unlocked. Activation would change the operational terms of FFAA deployment and trigger renewed regional response. Beni and Pando emergencies continue.
Mid-week
Venezuela — Rodríguez interim-government response to the Manifiesto de Panamá. Any procedural acknowledgment, dismissal, or counter-proposal will shape the next 30-day window before the July 3 expiration of the constitutional 90-plus-90 clock.
Throughout
Caribbean — CSG-11 operating pattern and possible Cuba contingency signals. Any port visits, partner-nation exercises, or maritime interdiction operations off Cuban waters will indicate whether the “accelerationism” framing is producing operational tempo or remaining at pressure-signaling level.
Throughout
Colombia — Escudo Nacional Antidrones contract award announcement. Originally targeted for May 31; missed deadline. The Catatumbo casualty and the antidrone tender remain the central pre-election defense-procurement file.
Jun 28–Jul 12
Chile — Salitre 2026 multinational air exercise at Antofagasta. Watch for first F-39E Gripen deployment to a coalition exercise outside Brazil; the ramp-up will be visible in early June.
Mid-June
Brazil — SABER M200 Vigilante next test phase; possible integration with Centauro II. The Anapolis F-39 confrontation cleared the field-validation gate; the next milestone is integration with the Army’s incoming wheeled armored fleet.

?
Frequently Asked Questions

Why did the SOUTHCOM commander visit Caracas in May 2026?

U.S. Southern Command commander Gen. Francis L. Donovan, USMC, made his second official visit to Caracas on May 23, 2026, arriving aboard two MV-22B Ospreys of the 22nd Marine Expeditionary Unit. He supervised a “military response exercise” inside the U.S. Embassy compound and met with senior interim-government leaders.

The Venezuelan Foreign Ministry pre-authorized the operation as a diplomatic-security evacuation simulacrum. Donovan also commanded the January 3, 2026 operation that captured former president Nicolas Maduro. Independent analysts characterized the visit as situated within the doctrinal frame of Operation Southern Spear.

What is the Manifiesto de Panamá and who signed it?

The Manifiesto de Panamá is a political document issued from Panama City on May 28, 2026, by Venezuelan opposition leader María Corina Machado, co-signed by Edmundo González Urrutia and supported by the Command con Venezuela coalition.

It formally proposes “serious, firm, and responsible political negotiation” with the interim government led by President Delcy Rodríguez, with U.S. accompaniment, to organize “a free, transparent, and sovereign presidential election.” Machado confirmed her own candidacy in such an election and declared “the departure of Rodríguez is not in doubt.”

What does Bolivia’s Ley 1732 change about military intervention?

Ley 1732, promulgated by President Rodrigo Paz on May 27, 2026, abrogates Ley 1341 of October 2020 — known as the “Ley Eva Copa” — which had limited the use of the Bolivian Armed Forces in domestic protests. The previous framework restricted military deployment to scenarios where the Police were overwhelmed, with a 60-day cap.

The Senate approved abrogation May 24; the Chamber of Deputies approved May 26 with more than two-thirds. The new law does not automatically declare a state of exception but unlocks presidential discretion to deploy the FFAA against social mobilization.

How many drone attacks has Colombia sustained against its security forces?

Colombia has now sustained 500 drone attacks against its security forces since 2024, according to specialist tracking cited by Infodefense. The May 24, 2026 ELN strike in the Catatumbo killed one soldier and wounded seven.

Cumulative casualties: 436 members of the security forces wounded, 24 soldiers killed, one Marine infante killed, and 28 police officers killed. Frequency: one attack every 1.5 days. At least 915 grenades adapted to unmanned platforms have been deployed.

The February 11 ELN strike on the San Jorge garrison in Saravena used fiber-optic-guided drones for the first time, defeating Colombian electronic-warfare countermeasures.

What is the SABER M200 Vigilante and what was tested at Anapolis?

The SABER M200 Vigilante is a Brazilian-designed phased-array air-defense radar built by IACIT for the Brazilian Army. Between May 11 and May 15, 2026, the Army Evaluation Center (CAEx) deployed the radar to Anapolis air base and integrated it for the first time with organic anti-aircraft artillery units against a Saab F-39 Gripen operated by the Brazilian Air Force.

The trial was the radar’s first major confrontation against a 4.5-generation fighter, and a milestone for the Brazilian defense industry. Successful integration clears the SABER for pairing with Centauro II armored cavalry vehicles on order, and widens the address space for export campaigns.

Latin America Defense Monitor
Weekly Edition · Monday, June 1, 2026 · By The Rio Times Defense Desk
Published by The Rio Times · riotimesonline.com

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