Overview
- Three models remain in contention: the F‑16 Block 70 from the United States, France’s Rafale F4, and Sweden’s Gripen E/F.
- The Defense Minister says the review is in an advanced phase led by a FAP technical commission with experienced pilots and focused on offsets and technology transfer.
- The government expects to formalize a decision before July 28, 2026, with Comptroller and Finance Ministry oversight of technical and economic assessments.
- Prime Minister Ernesto Álvarez framed the selection in geopolitical terms, saying the decision will be defined in line with U.S. global leadership.
- Congress authorized about US$3.5 billion for 24 jets, while reporting says the U.S. formally offered 12 F‑16s for about US$3.42 billion, short of the stated requirement.