Question-and-Answer Session
Operator
(Operator instructions) And we'll go first to Jason Kupferberg with UBS.
Jason Kupferberg – UBS
Thanks, guys and congratulations on the quarter. Couple of questions here. First of all on the guidance, is there any change in the guidance for continuing operations? I just wanted to confirm exactly how much you're pulling out for Harris Stratex to give people a sense of whether or not the rest of the business is seeing any change in fiscal '09 outlook?
Howard Lance
Jason, we attributed $0.12 to Harris Stratex in our prior guidance, so all of the adjustment is attributable to the removal of Harris Stratex from continuing operations into discontinued operations.
Jason Kupferberg – UBS
Okay. Where do you guys think overall corporate operating margins should trend on a go-forward basis from the continuing ops when Stratex is divested?
Howard Lance
Well, we'll certainly talk more about that, I think, longer term view of both top line growth as well as margins, Jason, at our analyst day here in March, but it's fair to say that our mind set is margins should improve. We believe there is still significant room for improvement over the long run at broadcast, in that segment, over the next few quarters because revenue is going to be challenged with the U.S. market situation. That may not be possible, but certainly in the longer run, we'd expect double digit margins in that business and we think there is at least some opportunity to continue to improve margins in our government systems business, maybe on the order of 50 basis points to 75 basis points.
Jason Kupferberg – UBS
Okay. That's great. Thanks guys for the color.
Howard Lance
Thank you.
Operator
Thank you. We'll go next to Mark Jordan with Noble Financial.
Mark Jordan – Noble Financial
Good afternoon, gentlemen. Howard, could you give us your view of the JT – where the status is of the programs of record for the JTRS, where are they in terms of potentially having competitive product in the marketplace and how do you see them from a cost standpoint as a competitor?
Howard Lance
I haven't really learned anything new in the last quarter, so my understanding is that LRIP limited rate initial production is still in the 2012 kind of time frame for both the GMR and the HMS programs. I don't have any direct information relative to their costs. Anecdotally, we have heard that the GMR radio is substantially higher by order of magnitude than our cots offering. I haven't heard anything specifically about the HMS products. Clearly, our focus is going to be to offer a better value solution to the customer. I'm sure that all programs of record are under review right now as discussions are under way on the – submitting the fiscal – government fiscal year 2010 budget, which the latest I heard on that is it will go in late April. So I'm sure every program including JTRS is being discussed at the highest levels as they look at government budgets.
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