Argentina allocates USD 3.5B for submarines, frigates amid Malvinas tension

Argentina's government has approved a USD 3.5 billion defense package to acquire submarines, frigates, F-16s, helicopters, and surveillance systems, citing tensions over the Malvinas/Falkland Islands. Minister Carlos Presti stated the goal is to strengthen defense while maintaining diplomatic and peaceful means for the sovereignty claim. This marks a significant military modernization effort, though the direct link to immediate conflict risk is unclear.