Conference Call Participants
Douglas Harned – Bernstein Institutional Services LLC, Research Division
Presentation
Douglas Harned
Bernstein Institutional Services LLC, Research Division
Okay. Great. I think we’re ready to go here. I’m Doug Harned, Bernstein’s Global Aerospace and Defense analyst. I’m thrilled to have back with us, Chris Kubasik, Chairman and CEO of L3Harris. We also have the new CFO of L3Harris, Ken Sharp. And we have a lot to talk about here. I don’t know if you have any forward-looking statements.
Kenneth Sharp
Senior VP & CFO
Yes, sure. So certain of our statements may contain forward-looking statements and applicable within the applicable security laws. Actual results may differ. We undertake no obligation to update. I would also just suggest that we’re in a process with an IPO, and we really can’t discuss that process. So I would ask you refrain from asking questions about the process. Thank you.
Christopher Kubasik
Chairman & CEO
The only thing I’ll say is I was looking through my files, and on May 27, 2004, you and I were at the Waldorf for this same event 22 years ago, and the defense budget was $369 billion. So I’d just throw that out as…
Douglas Harned
Bernstein Institutional Services LLC, Research Division
The benchmark.
Christopher Kubasik
Chairman & CEO
That’s just fun fact. You don’t quite remember this, but…
Douglas Harned
Bernstein Institutional Services LLC, Research Division
You’re suggesting I do. I do remember that.
Christopher Kubasik
Chairman & CEO
It’s like your first conference.
Douglas Harned
Bernstein Institutional Services LLC, Research Division
And I remember that because there was a fatwa out on
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