“Look, I think the way that we've always talked about Marine growth being somewhat lumpy, $300 million to $500 million in any given year, but in the next two years, we expect between $600 million and $1 billion in per annum growth.”

In context

“hapiro: And one for you, Jason. The unbilled receivables were down like $450 million in the quarter. Is that just Ajax catching up? Jason Aiken: It's a little bit Ajax and it's a little bit of the ongoing payments on our other large international program of combat systems. Those are the two big pieces. Yes, George. Operator: We'll take our next question from Robert Spingarn at Melius Research. Robert Spingarn: Phoebe, Phebe the marine guide implies about $340 million in sales growth and in the past, you've talked about Columbia driving $400 million to $500 million of growth per year. So, could an economic price adjustment for Virginia-class be a meaningful source of sales and operating income for Marine in 2024? Phebe Novakovic: Well, EPA adjustments can always be a good source of income. Look, I think the way that we've always talked about Marine growth being somewhat lumpy, $300 million to $500 million in any given year, but in the next two years, we expect between $600 million and $1 billion in per annum growth. So the growth is there. It just comes in on a lumpier basis than one might want, but it is there. So with respect to Virginia and any EPA adjustments, we're continuing to work with the Navy. We had contemplated the impact of Columbia prioritization, as had the Navy, on Virginia and that's just a work in progress as we work through all the particulars with the Navy, but we think we've given you a pretty good indicator of this year's revenue and we'll adjust it accordingly if anything changes on the upside. Robert Spingarn: So just to be clear, there's nothing in there for an adjustment yet? Phebe Novakovic: No. I think it's premature to put numbers in before you've got an agreement with your customers. Robert Spingarn: Fair enough. Thank you. Phebe Novakovic: And Audra, I think we have tim”