“Again, international demand continues to be strong. We've seen that in our backlog, and that will be a tailwind for us.”

In context

“ues to be really strong, right? Raytheon, a $63 billion backlog. 1.48 book-to-bill. As I said in my comments upfront, you've got 30-plus systems in operation in conflicts today defending the US and our allies very, very effectively. In the US, it's about replenishment, as you referenced. As you move across the world, Europe, this is about integrated air and missile defense, continuing to replenish effectors, GEM-T, AMRAM and the like. And as you move to Asia-Pac, it's more on naval munitions, the standard family, SM-3, SM-6, continuing to ramp up there. So overall, again, we continue to see international demand to be very strong. The NATO countries are continuing either to commit or actually spend above the 2% target, you think of what you're seeing in Poland, it's coming up on almost 5%. Again, international demand continues to be strong. We've seen that in our backlog, and that will be a tailwind for us. Peter Arment: Appreciate the color. Thanks. Operator: Thank you. Our next question comes from the line of Ron Epstein of Bank of America. Please go ahead, Ron. Ron Epstein: Hey, good morning, guys. Chris Calio: Good morning. Ron Epstein: Yesterday, the Air Force bumped up their contract for NGAP to about $3.5 billion, a big number. Where do you guys stand on the program? Where are we? How do we think about it? Kind of what's going on with that next-generation engine? Chris Calio: Yeah, I'll take that one, Ron, it's Chris. So, look, regardless of where NGAD is and the timing, and there's been a lot in the public out there, we've continued to develop our NGAP solution. We've gone through rigorous testing over the last few years. We've been really pleased with the results there. I can't get”