Future of the Argentine Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2020

Date: 2015-08

“• Over the historic period, Argentina’s defense expenditure registered growth of 14.13%, increasing from US$3.7 billion in 2011 to US$6.2 billion in 2015

• Argentina’s military expenditure, valued at US$6.2 billion in 2015, is expected to increase to US$10.1 billion by 2020, registering a CAGR of 11.76% over the forecast period

• Argentine military expenditure will be driven by the country’s military modernization, contribution towards international peacekeeping missions, and the Falkland Islands dispute

• The Defense Ministry is expected to procure submarines, transport helicopters, and transport aircraft”

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