Valkyrie is pre-low-rate-production. First low-rate contract in negotiation. Plan: 40 a year by early 2028. Units built as company-owned assets ahead of award. Revenue recognition depends on customer config. Think verbal. The $1B+ hypersonic expansion? Verbal award. Not signed. Confidence tied to 2025 reconciliation - $30B of $156B obligated by April. Rest flowing. FY27 $1.5T spend rests on requested figure, future appropriations. Demand real. Timing open. Okay? All right?