Joe Gomes: Good afternoon. Thanks for taking the questions. So Chuck, you mentioned the growth in the quarter, some of the strong growth was both from on-contract growth and some phasing in new contracts. I wonder if you could kind of give us a weighting as to how much of the growth was from on contract or existing ones and how much was from new awards?
Chuck Prow: Well, as we indicated in the prepared remarks, I mean, the 20% growth we talked about in the fourth quarter, two in France through a litany of new contracts. So we benefited greatly from new contract wins throughout 2022. And I’ll tell you say Naval Test Wing Atlantic as an example, I was probably, I don’t know, six weeks ago now, I was down talking to that client and the accolades that we received from the ability to so seamlessly transition that new contract, again, was very heartening. So our teams continue to distinguish themselves in the field by their great program performance by their seamless transitioning of new contracts. So again, the organic growth engine continues to work very well for our business. And we continue to expect good things from our organic growth teams here as we move into 2023 and beyond.
Joe Gomes: Thank you for that. And you mentioned in remarks about the 62% growth for the Pacific Deterrence Initiative. Just looking at your little chart there, that’s over a $4 billion increase. Of that, how much of that would be applicable to V2X and the services that you guys provide?
Chuck Prow: Well, the initiative and a broad set of initiatives that are operated by the INDOPACOM commander and theater of operations. All I would look at that as any time where you have OPTEMPO involved in the Pacific Deterrent in PDI, that’s opportunity for us. That is an increased number of exercises. It’s increased number of crude movements. It’s request store and move prepositioned stocks would be a great example. We have some work right now going into Australia associated with the PDI in preparation for future activities. So just like much else that we talked about in our business, Joe, you really need to take a look at the broader DoD initiatives and how those initiatives turn into OPTEMPO because wherever you see of OPTEMPO materializing, you typically you see V2X in the wings, enabling all of that true movement, material movement, et cetera.
Joe Gomes: Okay. Thank you for that. And just one — you mentioned on a number of occasions about the slow pace of awards. I’m just trying to get your feeling as to what is kind of behind that? What happens — needs to happen in your opinion in order to see that pace start to pick up to a more normalized level or rate — run rate of awards out there?
Chuck Prow: I’d be speculating, but it really is the — our clients are overwhelmed with many, many, many things that they have to move through the acquisition cycle. And I just think that the rate and pace of the various acquisitions has slowed based upon that reality. Again, we heard about the Arctic situation here recently. We heard about the clear program. So we are seeing some movement. But again, it’s just one of those things that occurs from time to time in our industry. And our clients the rate and pace of their awards just need to kind of catch up, if you will, with the , and that’s the cycle that we’re in right now.
