Imust say, I’ve been to one or two of these, and walking through the corridors, the walkways, the escalators, there is a buzz about this one that I’ve not known before.

Thank you all for being here, and thank you, Nick for your introduction. I have to tell you, some of you I know have worked in defence for years, some of you are new to the industry and sector and taking a first look at us, but Sir Nick is deeply respected in defence from his time in the Royal Navy and now from his time in Babcock. So it’s an honour to be introduced by Nick here tonight.

Thanks for giving up your time to be here at the summit, and thank you, in particular to Oliver Wyman for pulling this event together.

We in Britain have some of the finest Armed Forces anywhere in the world. We also have one of the best

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