Why it’s on the map
Hypersonics + drones (Marine Corps CCA with Northrop).
Government money & contracts
~$400M new DoW hypersonic funding (July 14); $156M DOE/NNSA Solar Shield C-UAS.
Customers & commercial
DoW, NNSA.
Catalysts
Q3 early Nov; further hypersonic awards.
Risk
Valuation; program lumpiness.
Tariff durability
Durable.