Michael Ciarmoli: Okay. Did I hear it right, the offloading was $90 million expected to be in ’24 because I think you called out maybe seeing that step up to $125 million in ’25?
Steve Oswald : Yes, that’s where we’re heading. Again, one of the big rocks here is the SPY6 and there is a number of cards, right. We have the first cards already being made at Tulsa and that’s just those cards alone are $15 million, $20,00,000 a year, right? We have those going. But we’ve got two other layers of cards that are just they are in handover. It’s tough to get them over here, we are working it right. Initially we get all the material from them because they get all the inventory right, so our revenue is tamped down a lot. We’re feeling very good about 2024 on these changes. It’s great business, but unfortunately coming out of a big OEM is a bit of a long time coming.
Suman Mookerji : Just I’d like to highlight again our defense backlog is the highest it has ever been in the last few years. Yes, that’s some decline in the current year, but the backlog is at the highest and that’s kind of a 2 year look, on our backlog numbers, so that’s a good position to be in.
Michael Ciarmoli: No, noticed that. Definitely positive there. And then just I guess what’s the level of conservatism or prudence that you’ve sort of built in for the MAX in ’24, can you even give us a sense of what you are delivering to the Spirit? What you are assuming? I know we’ve heard kind of several commentary from Boeing about lower first half picking up second half, but where exactly are you guys and what are you embedding?
Steve Oswald : Yes, I hate to say a little bit of a moving target. We are seeing better things ramping up a little bit of Spirit and at Boeing, and now things are — as from the reports on January, we feel that too. But we’re probably speaking for Sumon here, we’re probably in the 32, 34 range for 2024, I’d say. We would like to see it higher, but again, we have to — I think this momentum is just going to push us forward, hopefully after we get through this FAA audit and rightly so. But we’re being a little modest right now, but we certainly expect things to ramp up. The good news is, Mike, we have the capacity and we have the people. We just need yours.
Operator: And I’m showing no further questions. I would now like to turn the conference back to Steve Oswald for closing remarks.
Steve Oswald : Let me finish up here. Look, I just want to thank everybody for joining us today. Obviously, we had a very, very good year in 2023. I’m thrilled that we’re able to break through our record lasts established in 2012, and we’re marching towards our 2027 commitments, and we’re building more engineered products, and we’re driving more aftermarket and we’re cleaning up our contract manufacturing and taking costs out of that and driving, hopefully, much better day once we get these two factories closed. I believe that’s gonna be the case. Looking forward to a great year ahead. We again thank everybody for their support. And I want to again, thank our employees for all their hard work in 2023. Thank you.
Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect.
