“I think what you're seeing this year is what we should generally expect to see in the future, which is MFC margins in kind of the high 13s, low 14s, which is what we've managed to do when we're really hitting our ramps and hitting our marks, which we've been doing here pretty consistently on the MFC side.”

In context

“Evan Scott : I think what you're seeing this year is what we should generally expect to see in the future, which is MFC margins in kind of the high 13s, low 14s, which is what we've managed to do when we're really hitting our ramps and hitting our marks, which we've been doing here pretty consistently on the MFC side. So we are in the process of converting these framework agreements to true long-term multiyear programs and contracts, and there are still some ongoing negotiations that will be impactful to this. but we're well aligned with our customer on the way to do that, to incentivize cost and schedule performance, which means we expect to have an aggressive schedule ramp as part of our contract, and we're going to have to meet that. We expect that there is going to be some profit share if we can truly take cost out of this business, which we're incentivized to do by the long nature of the program. That's 1 of the key values of it. So -- we would still think about near-term dilution in the 20 to 30 basis points over the next few years with a goal to get to higher than historic margins on. So for next year, I think, generally speaking, this year is a good reflection within 20 to 30 basis points.”