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Market
Argentina's Additional Military Purchases Over $100M by 2024 End
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Press releases from the Argentine government or defense procurement announcements.
Story
Argentina Buys 24 Danish F-16 Jets for $300 Million
Apr 16, 2024, 12:35 PM
Argentina has officially acquired 24 F-16A/B fighter jets from Denmark, as announced by President Javier Milei and Defense Minister Luis Petri. The deal, valued at approximately 2.1 billion Danish kroner ($300 million), includes the aircraft equipped with AIM-9X Sidewinders and AIM-120D AMRAAM missiles. These jets, nearly 40 years old, are part of Denmark's fleet of well-maintained and technologically updated aircraft. The purchase coincides with Denmark's transition to the newer F-35A fighters.
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Increase in military spending • 25%
Formation of new alliances • 25%
Deployment of additional military assets to disputed areas • 25%
No significant change in defense posture • 25%
$100M-$200M • 33%
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Increase in foreign investment • 33%
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