Thank you, Mr. Chair.
Thank you to the panel. I'd like to start with aerospace today.
I'm a bit confused. My confusion comes from the fact that in your presentation, and also on your website, you indicate that the aerospace industry has dedicated about $1.7 billion into R and D, and most of that are coming from the private sector. From what I heard, or from what I kind of internalize, the focus is more on adding scale and growth to the medium-sized companies.
What specifically is that $1.7 billion in R and D being spent on, and how is it helping us position Canada's aerospace in a much broader sense rather than just the planes globally?