Chile Will Double Military Spending After Tensions with Argentina
4 Articles
4 Articles
Santiago. Chile announced this week a plan for the strategic modernization of the armed forces, in which they need that in 2027 “the investment will be close to twice that of the previous year,” said Defense Minister Fernando Barros, without specifying a figure. In the current year’s budget law, $2.4 billion is already spent on military spending.
The Chilean Government is promoting a strategic plan to shield its bioceanic steps and renew its military fleet in the face of recent frictions bordering Argentina.
Chile announces plans for the modernization of its Armed Forces with a focus on Magellan and Antarctica Chile announced an ambitious programme for the modernization of its Armed Forces, with special emphasis on strengthening military capabilities in Magellan, the Strait of Magellan and Antarctica. The announcement was made on Thursday in the [...] Entry <font color="#0ac600">Chile</font> The Defense Minister announced a modernization plan to do…
The Minister of National Defense, Fernando Barros, reported that the resources delivered in the 2026 period have allowed the investment destined to strategic capacities of the Chilean Armed Forces to reach almost twice that recorded the previous year, marking a milestone in the management of the portfolio.The authority referred to this matter during a visit to the Chabunco air base in Punta Arenas, an activity in which he announced the next purc…
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