“On the F-35, I mean, I think the way you've talked about it Seth is right, anywhere between 100 to 120 aircraft is in terms of undelivered -- against the 156 type of expected delivery rate is the right way to think about it, yes.”

In context

“ross the company to support margins. Are there other discrete headwinds that we're not aware of that wouldn't allow -- that would prevent more than that kind of 10 to 20 basis points that you outlined? Jay Malave: Yes. Let me start with that question first, and I'll come back to the F-35. Just on the 2025 margins going forward, yes, it would be essentially one lot versus two. However, you got to take into account the volumes that are in that lot versus the volumes that we're in these first two lots. And so you really -- you think about it from a gross headwind, it doesn't necessarily change all that much, because you're -- there's more in there. And so that's what's keeping the pressure. There's not just an automatic lift, because we're going from two lots to one lot in a subsequent year. On the F-35, I mean, I think the way you've talked about it Seth is right, anywhere between 100 to 120 aircraft is in terms of undelivered -- against the 156 type of expected delivery rate is the right way to think about it, yes. Operator: Thank you. The next question is from the line of Ron Epstein from Bank of America. Please go ahead. Ronald Epstein: [indiscernible] question. Jim Taiclet: Hey, Ron. Ronald Epstein: I'll do the question first. What are you thinking about the opportunity for the Black Hawk going forward, meaning I don't know, we've kind of heard there's some challenges on future vertical lift. And what opportunities does that open to you for the Black Hawk? Jim Taiclet: Ron, it's Jim. Look, the Black Hawk, and I've gotten a flight autonomously and by hand actually. I think has a lot of potential. There's interesting Congress for modernization of the Black Hawk. There's a huge fleet out there. And by adding some of these digital capabilities like autonomy and AI to the Black Hawk, which is a really”