The SDR sets a path for the next decade and beyond to transform Defence. Meanwhile, there has been a landmark shift in deterrence and defence posture internationally, in response to both immediate and pacing threats. Digital centricity and technological innovation is vital to stay ahead of our adversaries. There must be radical change both from government, industry, innovators, and investors, working together in close mission partnership, if we are to achieve this. What are the likely scenarios we need to counter? How do we change approaches and processes? What are the next steps ahead, as we build to 2027 in a window of heightened global risk? A deep dive into the current state of play. The panel reflects on government, industry, and wider society response to the journey to deterrence and warfighting readiness, the geopolitical impact, key priorities and contentious issues ahead.