Opening of ExpoDefensa 2015 International Exhibition of Defense and Security in Colombia 13011151.

Mister Colas des Francs is the CEO of Eurosatory, the largest defense exhibition of Defense which will take place in Paris (France) in June 2016.

South America defense market is increasingly becoming active because of the need to modernize military systems and economic growth to fund procurement. Latest report on the regional market, said counter-insurgency and surveillance equipment tops the shopping list of many countries as they battle guerrilla groups, some of which gain funding through narcotics trafficking.

The Colombian government expects to maintain its armed forces after reaching a peace agreement in late September with the Revolutionary Armed Forces of Colombia (FARC), but the goal of the Colombian Ministry of Defense is to maintain the operational capabilities of all the military units in the country.

October 13, 5015, Colombia's Congress has approved a 215.9 trillion peso ($74.2 billion) budget for 2016, an increase of 2.5 percent. Colombia is almost entirely dependent on foreign suppliers for advanced technology defense equipment. Indeed, while the country’s domestic defense industry caters to low level defense needs such as grenades, machine guns, rifles, aircraft parts, and MRO activities, Colombia relies on imports for its aircraft, missiles, engines, and sensors.

At ExpoDefensa 2015, some Colombian Defense Companies presents new innovations and technologies in the field of defense and security as armored vehicles, individual combat equipment , communication equipment and more.