Senator Conroy, the valley of death occurred on your watch. Do not take that from me; take it from Dennis Richardson, the Secretary of the Department of Defence, who said:

While it is too late to avoid the valley of death, you can take decisions now—

that is, in 2015—

to minimise its impact and to put the industry on a long-term basis.

The CDF, Air Chief Marshal Binskin, said the same:

A decision on a project or program would have had to have been made back then—

(Time expired)