A clear look at the Latin America arms buildup of 2026, from Brazil and Peru to Argentina, and why the region is suddenly placing big defense orders.
Latin America · Defense · Analysis
— Key Facts
—The headline. Several Latin American states are placing their biggest arms orders in years, almost at once.
—Brazil. Its 2026 defense budget of about 142 billion reais ($26bn) is the largest in eight years.
—Peru. It signed a roughly $3.5bn deal for two dozen Lockheed Martin F-16 fighter jets.
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