00:00We have our Rearm Europe program, which mobilizes up to 800 billion euros till 2030.
00:09In this program is SAFE, SAFE, 150 billion euros for joint procurement.
00:17And not to forget, the next long-term budget will have 131 billion euros for military capabilities,
00:24plus 17 billion euros for military mobility, which is also of utmost importance,
00:30streets, bridges, ports, airports, et cetera.
00:33The infrastructure also has to be here on the European side.
00:38And on SAFE is for us very important, as I said, the joint procurement.
00:45Here we have good news.
00:47We have now 10 agreements worth 100 billion euros.
00:53SAFE is, per design, open also to partners and other countries.
00:5935% of the cost components can go outside the European Union.
01:03But, of course, 65% have to be in the European Union.
01:07And that's the point, how we strengthen the defense industrial base.
01:10Because with this taxpayer's money, we want, of course, a return on investment.
01:15And we want good jobs in Europe.
01:18We want research and development in Europe.
01:20So that's important for us.
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