Defence and security market in Peru

Peru’s defence and security sector is undergoing a period of modernization, as the government aims to improve operational readiness and its ability to respond to emergencies.

Peru’s defence spending reached USD 1.9 billion in 2023, and is projected to rise by 6% per year through 2028 (GlobalData, 2023). This growth is driven by strategic investments in modern equipment, emergency preparedness, and digital security infrastructure.

Key focus areas include:

  • aircraft modernization
  • tactical communications
  • radar systems,
  • enhanced digital capabilities for civil and military operations

Key opportunities for Canadian defence and security companies in Peru

  • Fixed-wing aircraft and related support services
  • Tactical communications systems, radars, and electronics
  • Search and Rescue (SAR) aircraft and emergency fleet support
  • Overhauled aircraft, spares, and MRO (maintenance, repair, overhaul)
  • Emergency response equipment (earthquake/tsunami early warning systems, aerial firefighting)
  • Land vehicles and components (upgrade, refurbishment, logistics support)
  • Cybersecurity solutions for both public and private sectors
  • Digital infrastructure protection for critical public systems

Industry highlights

USD 1.9B defence budget in 2023

6% or higher annual growth rate forecasted for defence spending until 2028

Focus on emergency response and humanitarian logistics (Search and rescue (SAR), medevac, food supply transport)

Rising investment in cybersecurity infrastructure across government and finance sectors 

Growing civil-military collaboration in public safety and crisis management

Peru's business landscape

Peru’s defence sector is strongly influenced by geography and a history of natural disasters. Government priorities include:

  • enhancing aerial mobility for humanitarian missions
  • improving early warning systems
  • ensuring operational readiness for disaster response

The Peruvian Air Force is a key stakeholder, seeking support for:

  • SAR operations
  • medical evacuation
  • supply chain logistics to isolated communities

In the cybersecurity space, digitization efforts rose during the COVID-19 pandemic. increasing demand for public sector solutions and critical infrastructure protection. Canadian firms offering secure, scalable, and adaptable systems could find opportunities with government agencies and strategic sectors such as finance, energy, and transport.

Summary

Peru offers targeted opportunities for Canadian defence and security firms with solutions aligned to:

  • emergency preparedness
  • military modernization
  • digital defence infrastructure 

Peru is raising its defence budget and needs to upgrade its hardware and software capabilities quickly. Peru offers a promising market for companies experienced in:

  • SAR platforms
  • cyber resilience
  • specialized defence equipment for challenging environments 

Upcoming events

  • Seguritec Peru: Peru’s only international trade fair for security, safety, fire, rescue, and police sectors. Held every two years in Lima.
  • SITDEF: Peru’s largest defence technology exhibition, hosted by the Army.
  • SITDRONE: Biannual drone technology show run by the Peruvian Air Force.

Additional Information

Date modified: