WEBVTT

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- I think what we're looking at

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is a completely changed
paradigm for European defense.

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- Sabina, welcome.

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Sabina, defense tech in Europe
is getting a lot of attention

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and capital at the moment.

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What's driving that and will
it continue, do you think?

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- Well, Georgie, I think
what we're looking at

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is a completely changed
paradigm for European defense,

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both in terms of procurement
and spend and investment

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going towards that procurement signal.

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So we just had the NATO summit in Ankara,

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where it's been very clear

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that there's $50 billion of procurement

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and a very clear signal of 5% spend

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towards defense.

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And that, of course,
is a very clear signal

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that things need to change.

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Customers need to procure differently,

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are doing so with much
more intent and speed,

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but also in a time

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of difficult government budgets,

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there is something that
the private sector,

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that the finance sector can absolutely do,

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and investors are piling in.

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- Looking ahead, what will
distinguish the companies

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that continue to attract
long-term investment?

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- So, long-term investment
is very much coupled

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to visibility.

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Visibility of demand, your
technology is staying relevant.

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And it's not only the
technology being relevant today

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in the way that technology is deployed,

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but continuing to innovate,

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continuing to be relevant
not just to one country,

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to NATO allies.

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And therefore, it's a longevity point

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of your strategic capability
offering as a company

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and being able to continue to
partner with your customers

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to develop that for the future.

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- Sabina, thank you so much for your time.

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- It's been a pleasure. Thank you.