Chris Calio: Hey Kristine its Chris. So I would say the constraints are those that we’ve talked about previously. I said that we saw some improvement on castings, but it’s not where it needs to be, so casting is still there. Rocket Motors continues to be a pacing item at R&D. And microelectronics, while the lead times have stabilized, they haven’t come down and back to 2019 historical levels. And so those are sort of the three main areas that I talked about. We’ve talked about in the past that continue to be a headwind as we’re moving into 2023. In terms of the specific actions, I talked about a few of them earlier. But again, some of this is what I would call blocking and tackling in the factories, whether it be ours or our supply chain.
And I mentioned that before in some cases, we’ll try to make an engineering change to improve producibility and ultimately yield. In other places, we just need to be in with our customer answering quality questions and making sure we can help them relieve bottlenecks. On microelectronics, a lot of that was about really the supply base, understanding our demand and then working some interesting agreements, negotiated agreements on making sure that we had our priority place in line and we made sure that we had our right allocation. With what you’re seeing on the consumer side in terms of microelectronics coming down, we expect to see our allocation get better in that area, but again, still not where it needs to be here in 2023. We are assuming a back half recovery.
So certainly not all is lost, but it will be the man-to-man defense here to get to that point.
Kristine Liwag: Thanks Chris. And Greg, maybe a follow-up; you mentioned on your commentary on commercial large structural casting. It sounded more constructive today than your commentary in previous quarters. I was wondering what changed in the supply chain that you’re seeing to make you more confident? How much of that is the OEMs walking away from, like Airbus walking away from the 75 per month versus you’re seeing that ease through investments they’re making or maybe labor easing?
Greg Hayes: Well, I think, Kristine, if you think about the structural casting issue, we’re not out of the woods, as Chris said, but it has certainly gotten a lot better from where we were a year ago today. And we continue to work with the suppliers there, primarily around the requirement side, making sure that the specifications that we’re flowing down are actually producible in the supply chain. So that’s giving us this confidence. But as Chris said, it’s going to be the end of 2023 before we see structural castings back to 2019 levels. Again, we’ve got confidence they have been bringing people on, they have been training people. We have folks out there helping them. But all of that would support the OE rates that we need to support for 2023. Anything you want to add there, Chris?
Chris Calio: No. I would just support you said, Greg, that our supply chain is bringing in labor, they’re starting to see more success on that front. But in some cases, like take casting, this is a pretty complex process. And there’s a learning curve for folks that you bring in and take some time to come down that learning curve to get to a level of productivity that we need to see for the improvements here; but again, focused on that in the back half of 2023.
Kristine Liwag: Great. Thank you.
Operator: Thank you. Our next question comes from the line of Doug Harned of Bernstein. Please go ahead, Doug.
