May 19, 2022 / 02:00PM GMT
Ronald Jay Epstein - BofA Securities, Research Division - MD in Equity Research & Industry Analyst
Good morning, everyone, and thank you for joining us. It's an honor to have with us today, Jay Malave. Jay is the Chief Financial Officer for Lockheed Martin. Jay, thanks for joining us. I thought it would be great if we just could have a conversation, just maybe walk through some broad topics and then we can open it up for questions. (Operator Instructions)
Questions and Answers:
Ronald Jay Epstein - BofA Securities, Research Division - MD in Equity Research & Industry AnalystSo maybe as a place to start, Jay, when we think about the DoD budget outlook, and starting with the FY '23 request, it was increased by about $30 billion from the FY '22 request. What do you think of the FY '23 submission? And where could it go, and how high could it go?
Jay Malave - Lockheed Martin Corporation - CFO
Yes. Excellent question. Great place to start, Ron. Let me just -- let me first start with my safe harbor statement,