Saab Aeronáutica Montagens has started the production of new Gripen E/F fighters in Brazil.
The proposed sale "will improve Argentina’s capability to meet current and future threats by increasing operational capabilities and force availability".
"It must have been difficult for Argentina to spend its defense budget for fighter jets when it is experiencing difficulties due to the virus spread" a Korea Aerospace Industries spokesperson was reported as saying.
Former Argentine defence minister Julio Martinez criticised government policies towards the Armed Forces saying a lack of funds has caused more loses than the Falklands War.
Embraer and the Brazilian Air Force will develop a new light military transport aircraft.
The aircraft are being purchased to replace six P-3B Maritime Patrol Aircraft, none of which are currently operational.
The Brazilian Army has taken delivery of thirty two refurbished and modernised M109 Howitzers.
The Argentine Navy will acquire four surplus P-3C Orion maritime patrol aircraft.
Leonardo attended FAMEX, Mexico’s largest military, civil, and security aerospace expo.
Argentina will soon take delivery of a recently decommissioned South Korean frigate.