Argentina Invests US$18 Million in Modernizing MEKO-140 Corvettes
Argentina's Navy plans to invest over 30 billion pesos (approximately US$18 million) to modernize three MEKO-140 corvettes. This initiative is part of a broader strategy to enhance military capabilities while operating under budget constraints.
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Argentina is allocating over 30 billion pesos (approximately US$18 million) for the refurbishment of three MEKO-140 corvettes, as detailed in a technical report from the National Directorate of Public Investment dated April 28, 2026. This modernization effort addresses the aging state of the Navy's surface combatants, which include vessels dating back to the 1980s, and aims to extend the service life of existing platforms through upgrades in radars, sensors, and command systems.
Concurrently, Argentina is acquiring 24 second-hand F-16 fighters from Denmark for about US$300 million, with deliveries starting in December 2025. These initiatives reflect a pragmatic approach to rearmament within a constrained budget, emphasizing refurbishment over new acquisitions due to financial limitations.
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