Friday, March 29, 2024

Argentina Secures Deal to Purchase Surplus F-16 Jets from Denmark




 Argentina has finalized an agreement to acquire 24 surplus F-16 fighter jets from Denmark as part of the latter's transition to newer F-35 aircraft. The deal was sealed during a signing ceremony in Buenos Aires, where Argentine Defense Minister Luis Petri and his Danish counterpart Troels Lund Poulsen inked a letter of intent.

Denmark's decision to sell its F-16 jets to Argentina follows its donation of 19 such jets to Ukraine. The transaction, described as a "possible sale," has been conducted with close coordination with the American government, which has approved the transfer of these US-produced aircraft.

Sources within the Argentine military, speaking on condition of anonymity, revealed that Argentina will pay approximately $320 million for the acquisition. Financing for the deal will involve loans from banks and the United States. Additionally, the agreement encompasses not only the aircraft but also includes weapon systems and other equipment from US manufacturers, with Denmark providing simulators and spare parts.

The final contract is expected to be signed by the end of April in Copenhagen. The US Defense Security Cooperation Agency will oversee the transfer of weapon systems, including AIM-120 missiles, through the Foreign Military Sales program. Meanwhile, Denmark's Acquisition and Logistics Organisation will manage the transfer of surplus F-16s, while Argentina's military logistics directorate will supervise the procurement process.

Negotiations for this deal began under Argentina's previous government, exploring the possibility of procuring JF-17 fighter jets manufactured jointly by China and Pakistan. However, concerns about potential implications for US military relations led to the rejection of the JF-17 acquisition, paving the way for the purchase of F-16s from Denmark.

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