00:00We recognize the world has changed, we will respond, and the SDR is our plan for change for defense.
00:06It's a plan to learn the lessons from Ukraine, it's a plan to meet the increasing threats that we face,
00:11and this is how we'll do it, because the SDR lays out the vision for how we build up our military capability
00:18by combining the power of autonomy and AI alongside our hard metal of artillery and tanks and planes.
00:28It's how we turn the increase in defense investment by switching the overseas development aid into a defense dividend,
00:36bringing jobs across Britain and a stronger British industry.
00:40And finally, it's about putting defense people right at the heart of our plans with better housing, better pay,
00:47and that's the way that we strengthen our armed forces, it's the way that we keep Britain safer,
00:51it's the way that we reinforce the deterrence and the message to Moscow and President Putin and others.
00:56Everything I see about the way the world is changing, the way the Chancellor is fixing the foundations of our economy
01:03after 14 years of failure from the Tories, everything I hear from the Office of Budget Responsibility
01:10that is raising their forecasts of our long-run growth make me have no doubt that we'll meet that ambition
01:16of meeting 3% of defense spending in the next parliament.
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