Argentina 2027 budget funds $2.3B submarine purchase amid Falklands tensions

Argentina's 2027 defense budget includes $2.3 billion for three submarines, with congressional authorization sought for a loan to rebuild submarine capability. Negotiations are underway for the Scorpène class, likely with France. This marks a significant military modernization effort amid renewed tensions with the UK over the Falklands, signaling a potential shift in regional naval balance.