Robert Spingarn: Good morning. Jim, I think everyone would agree that Lockheed’s got the pole position in offensive hypersonics. Strong program portfolio there and some recent successes. What I think people might be interested in are your efforts as well in counter hypersonics as we might expect that to be a growing portion of the budget. Can you talk about that a little bit?
Jim Taiclet: Sure. And it’s largely classified, Rob. But what I can say is many of the elements of counter hypersonics, we also have a pole position in, right? So we’ve got existing products that we can take the lessons learned from and a lot of the engineering and apply them to just a faster incoming target, right? So we’re working on NGI, as you already heard, which is a ballistic missile. It travels at similar speeds. We have the FAAD system, which is a sort of a high-altitude interceptor as well. And then we have PAC-3, which is a very accurate lower-level further in, if you will, defensive systems. So we’ve got the engineering talent. We’ve got the intellectual property. And we’re developing these 21st Century Security concepts like applying artificial intelligence to network systems together and process data much more quickly, which, of course, you need that to process the information coming in on a Mach 5 missile, right?
So I think we have a lot of the elements that will go into the eventual counter hypersonic solutions, and we are working on many of them right now in integrating what we have and developing what we need.
Operator: Our next question is from Richard Safran with Seaport Research Partners. Please go ahead.
Richard Safran: Jim, Jay, Maria, good morning. How are you?
Jim Taiclet: Good morning. Well. Thanks.
Richard Safran: So I wanted to ask you about the F-16 and maybe expand on the remarks you made just a few moments ago. I thought you might comment on things like U.S. and international opportunity set ahead, maybe update on the first delivery expected production rates. And if it’s at all possible, maybe touch on like what margins you’re expecting on the program right now. I’m just thinking that they should be pretty decent given the move to Greenville was done to improve the cost structure on the program.
Jim Taiclet: Rich, it’s Jim. I’ll start off quickly and hand it over to Jay for some of the background and data associated with the program. But the really great news is Block 70, which is the production article out of Greenville. The first Greenville Block 70 test flight was this morning was successful, really great milestone for the company and for that organization in South Carolina. But there’s significant demand for this aircraft. A lot of coming organically, I guess, I’ll call it, from allies around the world. Also, we’re out actively marketing this jet to those countries that may not be authorized yet or maybe not have the infrastructure for F-35 at this moment but may in the future. India is one of those. I co-chair the U.S.-India CEO Forum with Secretary Raimondo.
We’re going to be going over there in a month or so with a team of CEOs from across our industry and meet with theirs and try to get collaboration going. And one of the, I would say, primary opportunities in that endeavour is the F-21, which is F-16 variant specifically designed for India, for example. So we haven’t made that sale yet, but I can tell you all the way up to my level, we are out marketing F-16, and we have a lot of organic demand coming in from either existing, order customers or new ones. Jay, anything you want to add?
