The opportunities for defense contracting between U.S. corporations and the Argentine military are numerous and diverse. With recent successful privatization of most government-owned systems such as the telephone, gas, and electrical organizations, the Argentine military is poised for the same type of contractual changeovers.
For the first time in more than a generation, the environment for American business in Argentina is positive. This is a result of a political decision by the government to embark on a course of free market reform that includes fiscal responsibility, an open market, privatization and deregulation.
Argentina's economic and technical advancements over the past three years have been greater than its growth over the past 20 years. Eager to become a first world country and to gain acceptance and participation in world trade agreements, the Argentine government has placed great emphasis on creating a place for itself in the international marketplace. With the stabilization of the economy in 1992, foreign investors have flocked to Argentina and have flooded the market with goods and services long known but unattainable.