Word: latinizing
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Dates: during 1970-1979
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...Werft's Kiel shipyards produce "special ships" (read: submarines) for Latin America, while the state-owned Fritz Werner corporation exports entire ready-to-roll munitions factories. Bonn's Leopard tank is highly regarded: Washington may test an advanced Leopard, along with prototypes by General Motors and Chrysler, in a competition to select the U.S. Army's main battle tank for the 1980s...
...early stages of the new states, their demands for more equipment can seldom be ignored. "No military branch wants to be saddled with old or obsolete equipment that reflects adversely on the dignity of the service," dryly notes a 1973 Rand Corp. study on the transfer of arms to Latin America...
...Latin America is also enmeshed in an arms buildup. Argentina, Brazil, Chile, Colombia, Peru and Venezuela are sufficiently prosperous to modernize their arsenals. They have purchased frigates and submarines from West Germany and Britain, Mirage fighter-bombers and howitzers from France and jet trainers from Italy. Peru last year startled its neighbors and Washington by turning to Moscow for arms costing about $85 million?some 600 T-54 and T-55 tanks, plus artillery and antiaircraft guns and missiles...
...ranked behind other members of the Big Four as a supplier of major arms to South America. For years Washington argued?no doubt correctly?that Latin nations would be diverting funds from urgent social projects if they wasted money on modern armaments. Using its dominant position in the hemisphere, the U.S. limited purchases by the Latins to World War II-vintage weaponry. By the mid-1960s, the larger Latin American countries were chafing under this de facto arms embargo. In 1968 Peru triggered what became a continentwide
...buying spree when it obtained Mirages from France; these were the first supersonic warplanes in Latin America, except for Cuba's Soviet-supplied MIGs. For the next five years, the European arms salesmen shuttling across the Atlantic to woo South American customers were virtually unchallenged by U.S. competition. In 1973, after Europe had already sold more than $2 billion in war materiel to Latin America, the Nixon Administration gave in to the pleas of U.S. defense industrialists and ended the embargo...