The proposed sale "will improve Argentina’s capability to meet current and future threats by increasing operational capabilities and force availability".
Saab Aeronáutica Montagens has started the production of new Gripen E/F fighters in Brazil.
The first Brazilian Gripen E, designated by Brazilian Air Force as F-39 Gripen, concluded its first flight in Brazil recently.
The Argentine Navy will acquire four surplus P-3C Orion maritime patrol aircraft.
The Brazilian Army has taken delivery of thirty two refurbished and modernised M109 Howitzers.
The aircraft are being purchased to replace six P-3B Maritime Patrol Aircraft, none of which are currently operational.