“On a company-wide basis, we see annual revenue of around $48 billion and margins of around 10.3%.”

In context

“ar tax rate will be closer to 17%. Now let me turn it back over to Phebe for some final remarks. Phebe N. Novakovic: Thanks, Kim. In light of the things I have just discussed, let me give you some clarity for the remainder of the year. The figures I am about to give you are all compared to our July update, which will be posted along with today's guidance on our website. In Aerospace, we expect sales to be about $12.3 billion with a 13.2% margin. We are expecting 150 versus 160 deliveries with 10 of the deliveries slipping into next year. This will, of course, benefit next year. With respect to the defense businesses, Combat Systems and Technology remain unchanged from July. Marine Systems revenue should be about $13.9 billion with margins of 6.9% for all the reasons I've previously noted. On a company-wide basis, we see annual revenue of around $48 billion and margins of around 10.3%. All up, that indicates EPS guidance of approximately $14 per share, about $0.45 below our previous expectations. That concludes my remarks, and we will be happy to take your questions. Nicole Shelton: Thank you, Phebe. As a reminder we ask participants to ask one question and one follow-up so that everyone has a chance to participate. Operator, could you please remind participants how to enter the queue? Operator: Thank you. [Operator Instructions]. We'll take our first question from Seth Seifman at J.P. Morgan. Seth Seifman: Hey, hi, thanks and good morning. Phebe N. Novakovic: Good morning Seth. Seth Seifman: Phebe, I was wondering if you could talk a little bit about this year is kind of an unusual year in terms of the various things that have come up with the G700. But as we think abo”