“We believe there’s efficiency opportunities to perform at levels we’ve been able to perform in the past and make that at a minimum, not a use of cash. And if we’re fully successful, make it a source of cash in spite of growth.”

In context

“pital in the same context? Thanks. Jay Malave: Yes, on CapEx, I would definitely expect it to increase in the back half of the year. We’re still holding our forecast of $1.95 billion for the year. And we’re going to that’s going to essentially stay elevated for the next few years. So a lot of that is investment in capacity and production capability, as Jim mentioned in his prepared remarks. And so we expect that to return kind of remained fairly level. On the working capital side, that for us is a is a source of opportunity. We expect that to really to what we’re trying to do is take it back down to what we performed, from a day’s perspective over the past, say 2020 2021, and some period of 2022. And so, while we’re increasing volumes, you would expect working capital to increase as well. We believe there’s efficiency opportunities to perform at levels we’ve been able to perform in the past and make that at a minimum, not a use of cash. And if we’re fully successful, make it a source of cash in spite of growth. And so that’s our view, particularly the back half of the year as well as over the next few years. Peter Arment: Appreciate that. Thanks Jay. Operator: Thank you. And our next question is from the line of Sheila Kahyaoglu from Jefferies. Please go ahead. Sheila Kahyaoglu: Good morning, Jim and Jay. Thank you. So maybe just some space given it drove your guidance raise. You know what drove the improved outlook, you called out 700 million of higher revenues related to development in space. Can you just give us a little bit of color there was that competitive win or any more detail on what was driving that? Jay Malave: Yes, it’s just in many cases Sheila it’s earlier than anticipated ramps on some of the programs. So the first half, we ran higher than we expected. And we were expecting to ru”