level to a small

level.

Yeah, exactly.

Doing the maths on what that compares to EV and ESS, it's sort of orders of magnitude lower for that.

But I think, yeah, over the next few years, I mean, it's an interesting one again to forecast, actually, because it's obviously dependent on conflict and where that's headed and making calls on how long conflict could potentially last, such as in Russia-Ukraine war.

But I think one thing that we're seeing for certain is increased military spending overall globally.

And then also within the UK and other regions actually investing more heavily into drones due to the versatility and the capabilities of them.

We did see a flurry of announcements of sort of joint ventures in India, but they kind of died out over the last two to three years or so.

So how do those differ from one another and why are they important to understand?

Okay, so...

Yeah, over the past six years, I have zeroed in on several data sets to measure both resilience and resistance.

That's kind of been the art and science of what I've been working on.

This includes data from the World Bank, United Nations, Fund for Peace.

Global Initiative Against Transnational Organized Crime, Transparency International, Freedom House, International Monetary Fund, Institute for Economics and Peace, the Notre Dame Global Adaption Initiative, and then several academic studies.

So right now I have 24 factors in two indexes, right? So there's 24 factors that measure resiliency, and there's 24 factors that measure resistance.

But how does that methodology improve our understanding of competition and where resistance and resilience fit therein?

Your reaction to, are we set up to do this properly?

You know, history doesn't repeat itself, but it rhymes.

We've done this before.

We brought down communism around the world.

We did it as your, like your last question to Charlie, which was, you know, uh, we need a whole government right effort.

A hundred percent we do.

Um, competition and irregular warfare are constant.

Rob, can you tell us a little bit more about this and why it's really important to think about these different, uh, forms of resistance and distinguish between them?