Thanks, Mr. Chair.
Some days I just feel like I'm going around in circles with this study.
My first question is to Mr. Fulfaro.
How is it that you can put a bid in—and I'm giving you a compliment, almost—at a fixed price, and I'm assuming a fixed period of time? It's my understanding that the work would have been done at the Irving shipyards, but yet with the very same people and other shipyards, the cost is maybe double or triple what you bid? How is it that you folks have the ability to produce these surface combatants at a fixed cost, and now I read that the cost of these 15 ships could be almost $70 billion. How is it that you have that ability?