“And then it’s really the transition from more mature programs to newer programs, and those margins will improve as we come down our learning curves.”

In context

“you’re expecting for deliveries next year? Phebe Novakovic: Well, we’ll get into next year, next year. But the deliveries are lower, are -- 5 to 6 deliveries that won’t deliver this year are not 700s. So, it’s other airplanes. David Strauss: Okay. Got it. And then as a follow-up -- quick follow-up. Combat Systems, you’ve mentioned this during the prepared remarks, the lower margins in the quarter, and then it looks like you’re forecasting a bit of a snapback in the second half of the year, but still a fair amount lower than what you were initially forecasting. Could you just give a little bit more detail on the mix and how that’s impacting? Thanks. Phebe Novakovic: Yes. So mix in this instance is comprised of two elements. One is the capacity expansion, which I noted carries lower margin. And then it’s really the transition from more mature programs to newer programs, and those margins will improve as we come down our learning curves. Operator: Your next question comes from the line of Cai von Rumohr from TD Cowen. Cai von Rumohr: Terrific. Thanks so much. So -- and Howard, let me say, you’ve been terrific to work with and a great friend, and I wish you all the best. Howard Rubel: Thank you, Cai. Cai von Rumohr: So, Phebe, how many 700s are you assuming to deliver in the fourth quarter? And what kind of margin for error is there in terms of timing in terms of... Phebe Novakovic: We will deliver 19 G700s, and we’re not going to tell you margins will be accretive. Nice try. Well, have we ever given you margins by airplane? Cai von Rumohr: No, no, no. I just -- so -- and next -- I didn’t mean -- I meant how much time-wise, a cushion you have in the schedule if the certification slips. Phebe Novakovic: You mean the schedul”