“Just as I mentioned, underlying margins, and let me for sake of clarity, margins, excluding the impact of the MFC program, we expect to be flattish. The MFC programs, it will provide a drag on the margins next year, and it's a question of timing. So it could be anywhere between 25 to 50 basis points.”

In context

“provide mission solutions for the DoD. So the digital and the physical technologies will ultimately come together in a way that can advance mission capability for our customers in, say, air-to-air combat, surface warfare, et cetera, and air and missile defense integration. Those kinds of missions, we want to advance every three to six months of the combination of digital and physical technologies of our own and from others, partners, etc., that we will work with. So this is, again, long-term broad approach, but we've already got a very, very good starting point that's material in the command and control and battle management systems that we have today and how we're augmenting them and modernizing those for the future. Jay Malave: Okay. Going back to the question on margins for next year. Just as I mentioned, underlying margins, and let me for sake of clarity, margins, excluding the impact of the MFC program, we expect to be flattish. The MFC programs, it will provide a drag on the margins next year, and it's a question of timing. So it could be anywhere between 25 to 50 basis points. And again, we'll have a lot more clarity on that as we close out the year. Operator: Thank you. The next question is from the line of Noah Poponak from Goldman Sachs. Please go ahead. Noah Poponak: Hello, everyone. Jim Taiclet: Good morning. Jay Malave: Hi. Noah Poponak: Jay, I guess I also wanted to ask about margins, and you sort of did there, but I don't know if you would just state where you expect the MFC margin to shake out for the year next year or what it looks like in the quarters with the more concentrated losses? And then I just wondered if you could talk about how - a little bit more about how this got here. I know you've talked about having the fixed price LRIPs here with prices fixed a little while ago. Was - is that something that's been going on longer than I realized? I k”