“But we continue to expect improvement there.”

In context

“he chief impediment as you know, we're seeing in some other places as well, and what are the plans to mitigate that? Danny Deep: Yeah. I can take that. This is Danny here. Yeah. Look. We think margins are going to continue to improve. As you said, you know, we're up about 70 basis points in '26 versus '24. Think we'll see some improved pricing, improved efficiencies, some lower overheads, and some lower research and development costs, so that will be helpful. I think right now, we have headwinds around tariffs. Some of the cost increases that we've incurred in the supply chain happened before we're able to reflect them in our increased pricing. And we do have the opportunity to increase pricing, but that's often in periods to when the cost increase has been incurred from the supply chain. But we continue to expect improvement there. Seth Seifman: Alright. Okay. Okay. Great. And then maybe if you can update us on your expectations for future submarine contracts? For both Columbia and Virginia that would be great in terms of timing and in terms of how they are different than in the past. Phebe Novakovic: So to be quite honest, we don't know. We know that both of those contracts are out there. The demand is there, and it's simply up to the government when they come to us. So don't know very much, but when we do, we'll tell you. Seth Seifman: Okay. Great. Thanks very much. Phebe Novakovic: We'll move next to Doug Harned at Bernstein. Doug Harned: Hi, Doug. You know what? Hi. Is this Hang On Marine? Doug Harned: You know, the revenues are great. You know, clearly, it appears your throughput's going way up. You know, the N”