Argentina Approves Payment to France for Super Etendards

Argentina has approved payment to France for five secondhand
Super Etendards. The approval was posted in the official gazette of the
Argentine government on May 11. It follows an agreement between France and
Argentina signed in January 2018 covering the sale of the aircraft.

However, delivery was delayed as Argentina did not pay
France for the aircraft. Argentina owes EUR12.6 million ($15.1 million) for the
aircraft, but has had difficulty coming up with the funding as it has dealt
with rising inflation and continued economic difficulties.

Still, Argentina has placed an emphasis on acquiring the
aircraft, so it came up with the money. Although Argentina’s primary need of
defending its airspace from drug traffickers does not require supersonic jets,
there has been a large focus on acquiring that capability since the retirement
of its Mirage III fighters in 2015. The supersonic fighters are important to
defend airspace during international events and conferences, such as the
upcoming G20 summit.
With Buenos Aires now officially approving the money, the
delivery is expected to proceed without a problem.

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About Forecast International

For 50 years, Forecast International intelligence reports have been the aerospace and defense industry standard for accurate research, analysis, and projections. Our experienced analysts compile, evaluate, and present accurate data for decision makers. FI's market research reports offer concise analysis of individual programs and identify market opportunities. Each report includes a program overview, detailed statistics, recent developments and a competitive analysis, culminating in production forecasts spanning 10 or 15 years. Let our market intelligence reports be a key part of reducing uncertainties and mastering your specific market and its growth potential. Find out more at www.forecastinternational.com

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