Peru’s $3.4 Billion Defense Overhaul: A Strategic Reset

Peru has approved its 2025 defense budget, committing 12,970 million soles (around $3.42 billion) to modernize its military in the most significant overhaul in over 30 years. This decision reflects a clear focus on addressing outdated equipment and boosting national security amid growing regional and internal challenges. The Peruvian Air Force will receive the largest […]