CIMSEC – Latin American shipyards are undergoing a golden age, with a variety of platforms being produced regionally. This trend includes submarines, frigates, corvettes, and patrol vessels. Brand-new platforms from extra-regional suppliers are also being procured. However, second-hand platforms are cost-effective alternatives that provide additional capabilities to the fleet and serve as a stopgap until other procurement projects are completed. Donation of vessels serves to strengthen alliances or create new partnerships.