“So therefore, we believe we've got some margin opportunity in lot 19 relative to prior lots.”

In context

“you talk more about the pricing and expected margin of this? It sounds like the price per jet from previous years was less than the rate of inflation for what you've signed. And with Affirm, price inside the fee structure, how should we think about the margins of this lot versus the previous lots? And, ultimately, what are the key milestones, that would unlock that incentive fee for higher margin later down the road? Evan Scott: Good morning, Kristine. It's important to note that when Lot 19 are transitioning to a true firm fixed price contract relative to the FPAF that we've seen previously. So that's gonna give us the most opportunity to truly drive operational performance particularly with the investments that we've made in the aircraft and overall changes to digitizing our operations. So therefore, we believe we've got some margin opportunity in lot 19 relative to prior lots. Then additionally, as we work through some of the challenges we saw in TR3, that clears the deck in a sense of allowing kind of a more stable baseline for us to drive performance in F-35. So without getting to specifics on the margin expectation, we do see some opportunity on that 35 going forward relative to prior results. Operator: The next question comes from Gautam Khanna with TD Cowen. Your line is open. Gautam Khanna: Yes. Thank you. I was curious if you could talk a little bit about some of the bigger international campaigns you're pursuing right now. Across the segments? Thanks. Evan Scott: Absolutely. From an international perspective, we are looking really across the entire company. Each business area has key international pursuits. Clearly on the ammunition side, there's strong”