The Argentinean Ministry of Defence has canceled the acquisition of Kfir Block 60 fighter jets from Israel Aerospace Industries (IAI) after a delegation of the Israeli company and other officials arrived in Buenos Aires, Argentina to firm the contract.

The contract signature could be eventually held on a later date when the new government emerges in the Latin American nation.

The aircraft feature Elta Systems EL/M-2032 active electronically scanned array (AESA) radar system, and open architecture avionics.

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