IBOV 176,564.75 ▲ 0.70% IPSA 10,879.65 ▼ 0.77% IPC MEX 67,304.62 ▲ 0.18% MERVAL 3,256,362 ▼ 1.48% COLCAP 2,301.24 ▲ 0.80% BVL PERÚ 57,237.60 — — USD/BRL5.12▼ 0.01% USD/MXN17.45▲ 0.14% USD/CLP932.73▲ 0.20% USD/COP3,202▼ 0.06% USD/PEN3.39▼ 0.33% USD/ARS1,499▲ 0.15% USD/UYU40.20▲ 1.42% USD/PYG6,020▲ 1.46% USD/BOB11.30▲ 3.36% USD/DOP57.82▼ 0.31% USD/CRC449.99▲ 1.60% USD/GTQ7.62▲ 2.22% USD/HNL26.76▲ 1.54% USD/NIO36.62▲ 0.31% USD/VES742.37▲ 0.14% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.19▲ 0.35% USD/TTD6.75▲ 1.25% EUR/BRL5.83▲ 0.16% BRENT 87.65 ▲ 4.23% WTI 82.41 ▲ 3.97% IRON ORE 161.91 — — COPPER 6.32 ▼ 0.04% GOLD 4,092 ▲ 1.38% SILVER 57.83 ▲ 0.92% SOY 1,208 ▼ 0.31% CORN 477.75 ▲ 4.20% WHEAT 659.75 ▼ 0.42% COFFEE 334.65 ▼ 1.40% SUGAR 14.74 ▲ 1.31% ORANGE JUICE 136.30 ▼ 3.64% COTTON 80.80 ▲ 2.01% COCOA 5,213 ▲ 0.23% BEEF 222.18 ▼ 1.35% CATTLE 337.23 ▼ 0.30% LITHIUM 66.96 ▼ 2.43% PETR4 41.21 ▲ 0.49% VALE3 75.69 — 0.00% ITUB4 42.86 ▲ 0.40% BBDC4 18.77 ▲ 0.32% ABEV3 16.10 ▲ 1.51% BBAS3 20.83 ▲ 1.61% B3SA3 16.00 ▲ 1.78% WEGE3 46.70 ▲ 0.65% PRIO3 56.77 ▲ 1.90% SUZB3 43.10 ▲ 2.94% RENT3 38.37 ▲ 1.72% AZZA3 17.15 ▲ 0.23% CSAN3 4.00 ▲ 1.27% RAIZ4 0.27 ▲ 3.85% PCAR3 2.74 — 0.00% GMAT3 3.92 ▲ 2.35% PSSA3 54.91 ▲ 1.14% CVCB3 1.32 ▼ 2.94% POSI3 3.60 ▲ 2.27% SLCE3 13.16 ▼ 1.64% NATU3 8.34 ▼ 1.77% BRKM5 5.96 ▼ 1.97% RANI3 8.13 ▲ 2.52% CSNA3 5.64 ▼ 1.23% CMIN3 5.96 ▲ 2.76% USIM5 8.69 ▲ 0.93% GGBR4 25.14 ▲ 2.70% ENEV3 25.85 ▲ 1.49% CPFE3 45.96 ▲ 2.70% CMIG4 11.19 ▲ 0.18% EQTL3 38.83 ▲ 0.08% LREN3 13.90 ▲ 1.24% VIVT3 33.83 ▼ 6.31% RAIL3 14.08 ▲ 2.03% KLABIN 18.04 ▲ 2.04% RAIA DROGASIL 18.20 ▲ 0.17% RDOR3 34.32 ▲ 2.14% HAPV3 10.60 ▲ 4.02% FLRY3 17.06 ▲ 3.21% SMTO3 14.30 ▼ 2.52% UGPA3 32.45 ▲ 1.12% VBBR3 35.13 ▲ 1.83% BBSE3 41.21 ▲ 1.65% BPAC11 55.84 ▲ 0.52% CURY3 30.10 ▼ 0.95% AERI3 2.09 ▲ 1.95% VIVARA 22.61 ▲ 2.73% COMPASS 25.22 ▼ 0.32% VAMOS 3.33 ▲ 5.05% SANB11 27.67 ▲ 1.13% ASAI3 8.24 ▲ 1.60% SBSP3 28.27 ▼ 2.08% WALMEX 48.74 ▲ 0.70% GMEXICO 209.28 ▼ 0.11% FEMSA 222.17 ▼ 3.83% CEMEX 20.99 ▼ 1.78% GFNORTE 199.12 ▲ 1.37% BIMBO 59.50 ▲ 0.66% TELEVISA 9.86 ▼ 0.20% AMX 22.48 ▲ 0.09% GAP 379.13 ▲ 0.93% ASUR 271.18 ▲ 0.97% OMA 235.27 ▲ 2.85% KOF 189.82 ▲ 0.07% GRUMA 268.00 ▼ 0.20% KIMBER 40.61 ▲ 1.78% SQM-B 62,500 ▼ 3.33% COPEC 6,300 ▲ 0.82% BSANTANDER 79.12 ▼ 2.04% FALABELLA 6,101 ▼ 0.88% ENELAM 85.80 ▼ 0.10% CENCOSUD 1,900 ▼ 0.78% CMPC 1,035 ▼ 0.43% BANCO CHILE 189.10 ▼ 2.15% LATAM AIR 25.00 ▲ 1.63% YPF 79,525 ▼ 2.09% GGAL 7,855 ▼ 1.32% PAMPA 5,450 ▼ 0.46% TXAR 674.00 — 0.00% ALUAR 988.00 ▲ 0.36% TGS 9,465 ▼ 2.52% CEPU 2,335 ▼ 2.01% MIRGOR 16,525 ▼ 1.78% COME 42.52 ▲ 0.14% LOMA NEGRA 3,650 ▼ 1.55% BYMA 302.75 — 0.00% TELECOM ARG 4,335 ▼ 3.45% ECOPETROL 15.83 ▲ 0.19% BANCOLOMBIA 89.07 ▲ 1.30% GRUPO AVAL 4.93 ▲ 2.28% CREDICORP 389.39 ▼ 0.41% SOUTHERN COPPER 178.96 ▼ 0.20% BUENAVENTURA 30.35 ▼ 4.32% MERCADOLIBRE 1,863 ▲ 2.35% NUBANK 14.68 ▲ 1.03% XP 16.80 ▲ 0.36% PAGSEGURO 9.61 ▲ 2.45% STONE 11.16 ▲ 2.48% GLOBANT 35.11 ▲ 7.57% TECNOGLASS 47.22 ▲ 4.05% GAP AIRPORT 217.50 ▲ 0.57% ASUR 271.18 ▲ 0.97% OMA AIRPORT 108.27 ▲ 3.31% AMX ADR 25.73 ▲ 0.10% FEMSA ADR 127.73 ▼ 3.34% CEMEX ADR 12.00 ▼ 1.64% PETROBRAS ADR 18.07 ▲ 0.39% VALE ADR 14.70 ▼ 0.54% ITAU ADR 8.31 ▼ 0.72% SANTANDER BR 5.48 ▲ 0.74% AMBEV ADR 3.13 ▲ 1.95% CSN 1.10 ▼ 1.79% GERDAU 4.93 ▲ 2.13% LATAM ADR 53.59 ▲ 2.44% BTC 64,595 ▲ 1.13% ETH 1,918 ▼ 0.11% SOL 73.97 ▲ 0.37% XRP 1.09 ▲ 1.85% BNB 572.32 ▲ 0.32% ADA 0.16 ▲ 1.49% DOGE 0.07 ▼ 0.17% AVAX 6.42 ▼ 2.20% LINK 8.44 ▲ 0.22% DOT 0.76 ▲ 0.41% LTC 45.36 ▼ 1.68% BCH 212.80 ▼ 0.59% TRX 0.33 ▲ 0.44% XLM 0.17 ▲ 0.46% HBAR 0.07 ▲ 0.46% NEAR 1.59 ▼ 3.42% ATOM 1.29 ▼ 1.27% AAVE 98.11 ▼ 2.60% SELIC 14.25% EMBRAER 88.86 ▲ 2.26% EMBRAER ADR 69.09 ▲ 1.62% JBS 13.93 ▲ 2.80% JBS BDR 70.57 ▲ 1.94% MBRF3 16.30 ▲ 2.58% MBRFY 3.15 ▲ 10.14% INTER 5.59 ▲ 0.54% EGX 53,762 ▲ 0.06% USD/ZAR16.73▲ 0.23% USD/NGN 1,363 — 0.00% NIKKEI 61,434 ▼ 1.49% CSI300 4,600 ▲ 0.67% HSI 25,808 ▲ 1.96% NIFTY 24,250 ▲ 1.10% KOSPI 5,663 ▼ 5.98% JCI 6,091 ▼ 0.64% USD/JPY163.62▼ 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GOLD 4,092 ▲ 1.38% SILVER 57.83 ▲ 0.92% SOY 1,208 ▼ 0.31% CORN 477.75 ▲ 4.20% WHEAT 659.75 ▼ 0.42% COFFEE 334.65 ▼ 1.40% SUGAR 14.74 ▲ 1.31% ORANGE JUICE 136.30 ▼ 3.64% COTTON 80.80 ▲ 2.01% COCOA 5,213 ▲ 0.23% BEEF 222.18 ▼ 1.35% CATTLE 337.23 ▼ 0.30% LITHIUM 66.96 ▼ 2.43% PETR4 41.21 ▲ 0.49% VALE3 75.69 — 0.00% ITUB4 42.86 ▲ 0.40% BBDC4 18.77 ▲ 0.32% ABEV3 16.10 ▲ 1.51% BBAS3 20.83 ▲ 1.61% B3SA3 16.00 ▲ 1.78% WEGE3 46.70 ▲ 0.65% PRIO3 56.77 ▲ 1.90% SUZB3 43.10 ▲ 2.94% RENT3 38.37 ▲ 1.72% AZZA3 17.15 ▲ 0.23% CSAN3 4.00 ▲ 1.27% RAIZ4 0.27 ▲ 3.85% PCAR3 2.74 — 0.00% GMAT3 3.92 ▲ 2.35% PSSA3 54.91 ▲ 1.14% CVCB3 1.32 ▼ 2.94% POSI3 3.60 ▲ 2.27% SLCE3 13.16 ▼ 1.64% NATU3 8.34 ▼ 1.77% BRKM5 5.96 ▼ 1.97% RANI3 8.13 ▲ 2.52% CSNA3 5.64 ▼ 1.23% CMIN3 5.96 ▲ 2.76% USIM5 8.69 ▲ 0.93% GGBR4 25.14 ▲ 2.70% ENEV3 25.85 ▲ 1.49% CPFE3 45.96 ▲ 2.70% CMIG4 11.19 ▲ 0.18% EQTL3 38.83 ▲ 0.08% LREN3 13.90 ▲ 1.24% VIVT3 33.83 ▼ 6.31% RAIL3 14.08 ▲ 2.03% KLABIN 18.04 ▲ 2.04% RAIA DROGASIL 18.20 ▲ 0.17% RDOR3 34.32 ▲ 2.14% HAPV3 10.60 ▲ 4.02% FLRY3 17.06 ▲ 3.21% SMTO3 14.30 ▼ 2.52% UGPA3 32.45 ▲ 1.12% VBBR3 35.13 ▲ 1.83% BBSE3 41.21 ▲ 1.65% BPAC11 55.84 ▲ 0.52% CURY3 30.10 ▼ 0.95% AERI3 2.09 ▲ 1.95% VIVARA 22.61 ▲ 2.73% COMPASS 25.22 ▼ 0.32% VAMOS 3.33 ▲ 5.05% SANB11 27.67 ▲ 1.13% ASAI3 8.24 ▲ 1.60% SBSP3 28.27 ▼ 2.08% WALMEX 48.74 ▲ 0.70% GMEXICO 209.28 ▼ 0.11% FEMSA 222.17 ▼ 3.83% CEMEX 20.99 ▼ 1.78% GFNORTE 199.12 ▲ 1.37% BIMBO 59.50 ▲ 0.66% TELEVISA 9.86 ▼ 0.20% AMX 22.48 ▲ 0.09% GAP 379.13 ▲ 0.93% ASUR 271.18 ▲ 0.97% OMA 235.27 ▲ 2.85% KOF 189.82 ▲ 0.07% GRUMA 268.00 ▼ 0.20% KIMBER 40.61 ▲ 1.78% SQM-B 62,500 ▼ 3.33% COPEC 6,300 ▲ 0.82% BSANTANDER 79.12 ▼ 2.04% FALABELLA 6,101 ▼ 0.88% ENELAM 85.80 ▼ 0.10% CENCOSUD 1,900 ▼ 0.78% CMPC 1,035 ▼ 0.43% BANCO CHILE 189.10 ▼ 2.15% LATAM AIR 25.00 ▲ 1.63% YPF 79,525 ▼ 2.09% GGAL 7,855 ▼ 1.32% PAMPA 5,450 ▼ 0.46% TXAR 674.00 — 0.00% ALUAR 988.00 ▲ 0.36% TGS 9,465 ▼ 2.52% CEPU 2,335 ▼ 2.01% MIRGOR 16,525 ▼ 1.78% COME 42.52 ▲ 0.14% LOMA NEGRA 3,650 ▼ 1.55% BYMA 302.75 — 0.00% TELECOM ARG 4,335 ▼ 3.45% ECOPETROL 15.83 ▲ 0.19% BANCOLOMBIA 89.07 ▲ 1.30% GRUPO AVAL 4.93 ▲ 2.28% CREDICORP 389.39 ▼ 0.41% SOUTHERN COPPER 178.96 ▼ 0.20% BUENAVENTURA 30.35 ▼ 4.32% MERCADOLIBRE 1,863 ▲ 2.35% NUBANK 14.68 ▲ 1.03% XP 16.80 ▲ 0.36% PAGSEGURO 9.61 ▲ 2.45% STONE 11.16 ▲ 2.48% GLOBANT 35.11 ▲ 7.57% TECNOGLASS 47.22 ▲ 4.05% GAP AIRPORT 217.50 ▲ 0.57% ASUR 271.18 ▲ 0.97% OMA AIRPORT 108.27 ▲ 3.31% AMX ADR 25.73 ▲ 0.10% FEMSA ADR 127.73 ▼ 3.34% CEMEX ADR 12.00 ▼ 1.64% PETROBRAS ADR 18.07 ▲ 0.39% VALE ADR 14.70 ▼ 0.54% ITAU ADR 8.31 ▼ 0.72% SANTANDER BR 5.48 ▲ 0.74% AMBEV ADR 3.13 ▲ 1.95% CSN 1.10 ▼ 1.79% GERDAU 4.93 ▲ 2.13% LATAM ADR 53.59 ▲ 2.44% BTC 64,595 ▲ 1.13% ETH 1,918 ▼ 0.11% SOL 73.97 ▲ 0.37% XRP 1.09 ▲ 1.85% BNB 572.32 ▲ 0.32% ADA 0.16 ▲ 1.49% DOGE 0.07 ▼ 0.17% AVAX 6.42 ▼ 2.20% LINK 8.44 ▲ 0.22% DOT 0.76 ▲ 0.41% LTC 45.36 ▼ 1.68% BCH 212.80 ▼ 0.59% TRX 0.33 ▲ 0.44% XLM 0.17 ▲ 0.46% HBAR 0.07 ▲ 0.46% NEAR 1.59 ▼ 3.42% ATOM 1.29 ▼ 1.27% 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since 2009
Wednesday, July 29, 2026

Argentina Defense & Security

South Korea Pitches HDS-1500 Sub to Argentina’s Sub-Less Navy

By · July 29, 2026 · 4 min read

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Argentina · Defense

Key Facts

Gap. Argentina has had no operational submarine since the German-built ARA San Juan was lost at sea in 2017.

Proposal. HD Hyundai Heavy Industries is actively promoting its HDS-1500 design as a candidate to restore Argentina’s conventional submarine capability.

Rivals. The South Korean design is competing against offerings from France (Scorpène), Germany (Type 214/209 NG), Sweden (Saab C71), and Spain (S-80).

Scale. Argentine defense discussions envision acquiring at least three and up to five new attack submarines.

Funding. No public financing structure has been confirmed, with a contract not expected before a potential signing around 2026.

*Argentina’s quest to rebuild its submarine force after the tragic loss of the ARA San Juan has drawn a competitive field of global shipbuilders, with South Korea’s latest pitch centered on a highly automated, lithium-ion-powered boat.*

South Korea Pitches HDS-1500 Subs to Argentina’s Silent Navy
Buenos Aires. Argentina's navy has been without submarines since 2017. (Photo internet reproduction)
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A fleet still haunted by the San Juan

The Argentine Navy has not recovered from the November 2017 sinking of the ARA San Juan, a German Type 209 submarine, which killed all 44 crew members aboard. The disaster left the country without a single operational submarine and created a critical capability gap in patrolling its South Atlantic economic interests.

Defense analysts in Argentina now argue for rebuilding a conventional fleet of roughly four to six attack submarines. Any new vessel must effectively replace the role once filled by the San Juan and its sister ships.

Seoul’s pitch: automation and lithium-ion power

HD Hyundai Heavy Industries (HD HHI) is offering Argentina the HDS-1500, an export design displacing about 1,500 tons when submerged. The boat measures roughly 65 meters in length and requires a crew of only about 25 sailors thanks to a high level of automation.

Its conventional diesel-electric propulsion uses lithium-ion batteries, granting significantly longer underwater endurance than older lead-acid systems. The design is tailored to meet typical export requirements similar to Argentina’s anticipated needs: a sustained submerged speed of at least 10 knots, a range of around 4,500 nautical miles, and the capacity to operate for more than 40 days in a patrol area.

A crowded field of European rivals

The HDS-1500 is not the only contender. France’s Naval Group is pushing its Scorpène-class submarines, and at least one report suggests a Franco-Argentine naval package was nearing conclusion without South Korean involvement.

Germany’s ThyssenKrupp Marine Systems (TKMS) is offering updated versions of its Type 214 or Type 209 NG boats, the latter being a direct descendant of the lost San Juan. Sweden’s Saab C71 and Spain’s S-80 are also in the mix, making the competition unusually diverse.

Peru as a regional proof-of-concept

To demonstrate the HDS-1500 is more than a paper design, HD HHI points to its progress in neighboring Peru. The company signed a series of agreements with Peru’s SIMA shipyard throughout 2024 and 2025 to jointly develop a customized variant, the HDS-MGP.

That program, which aims to replace Peru’s aging Type 209 submarines, has already secured Approval in Principle from classification society DNV. A design phase of two to three years is planned, with construction of the first Peruvian units expected in the early 2030s.

Financing fog and a distant timeline

How Buenos Aires would pay for a multi-boat submarine contract remains the biggest unanswered question. No public financing model has been outlined by the Argentine government or the competing shipbuilders.

Open-source reporting indicates Argentina is still in an evaluation phase, with no signed contract for any design. Talk of a possible deal around 2026 exists, but a separate South Korean schedule promising four boats by 2035 was tied to a now-unsuccessful bid for Canada, not Argentina.

Frequently Asked Questions

Why does Argentina need new submarines?
Argentina has had no operational submarine force since the ARA San Juan sank in 2017. The navy seeks to restore its ability to patrol and defend economic interests in the South Atlantic.

What is the HDS-1500 submarine?
It is a conventionally powered export submarine designed by South Korea’s HD Hyundai Heavy Industries. It displaces about 1,500 tons submerged, uses lithium-ion batteries, and requires a crew of roughly 25 sailors due to high automation.

Who are HD HHI’s main competitors for the Argentine contract?
The primary competitors are France’s Naval Group with the Scorpène class, Germany’s TKMS with the Type 214 and Type 209 NG, Sweden’s Saab with the C71, and Spain’s Navantia with the S-80.

Has Argentina signed a deal with South Korea?
No. As of the latest reporting, Argentina is still evaluating its options and has not publicly confirmed a contract with HD HHI or any other submarine builder.

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