“So think about it that way, more of a timing issue with the completion of the deals and not a headwind to overall demand.”

In context

“ose are the two primary factors. Seth Seifman: Right. Okay, okay. Great. And then just when we think about -- I think you mentioned some of the headwinds to demand at Gulfstream from here in terms of monetary policy, geopolitical issues. Just to kind of affirm the expectation for 160 deliveries this year and the way that the backlog will trend through the year, the expectation is that, that's a very sustainable number with potential for that to grow in the years beyond. Phebe Novakovic: So let me clarify a bit. I don't see concerns about inflation or monetary policy impacting demand. It really is just impacting the time from the initiation of a potential interest to the closure of an order, which is also impacted somewhat by large fleet -- airplane fleet orders from corporate customers. So think about it that way, more of a timing issue with the completion of the deals and not a headwind to overall demand. So I think that's an important nuance. And we're still sticking to our delivery guidance for the year. And I think on a going-forward basis, as we've intimated before, we see that those deliveries increasing over time. Operator: And we will take our next question from Robert Stallard with Vertical Research. Robert Stallard: Phebe, I was wondering if you could comment on the recently passed or soon to be signed supplemental and what implications that could have for the combat business, but also on the submarine side, what sort of additional funding could come from the U.S. Navy? Phebe Novakovic: So let me take them in the inverse order. On the submarine side, the preponderance of the funding in the supplemental is to help stabilize the industrial base, ensuring that we continue to drive”