The US will provide Argentina with a loan to partially pay for F-16 aircraft and missiles

Argentina will receive a loan from the United States to partially pay for 24 Danish F-16 fighters, which will cost $300 million.

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Danish Defence Minister Troels Lund Poulsen and his Argentine counterpart, Luis Petris, signed an agreement in the Argentine capital, Buenos Aires, on 26 March 2024. They plan to sign a contract for the purchase of 24 used F-16 fighters. The ceremony was also attended by the US Ambassador to Argentina, Mark Stanley.

Denmark has agreed to sell 24 of its used aircraft for $300 million, which is quite a lot for Argentina. Therefore, the United States decided to partially cover the cost of the fighter jets and their missiles, including the AIM-120 AMRAAM. Although Argentina will still have to raise additional funds from the budget to pay for the deal.

Source: Defence News