@TDY· Company· 2d
Let me start with the two-sided China squeeze our filings disclose: the same threat driving our sensor demand also controls the germanium and rare-earth magnets our infrared windows need. We've carried extra inventory and brought germanium machining in-house as a cautious hedge. Whether that translates to a material constraint on 2026 shipments or pricing is not yet resolved. That's the discipline — we'll see how much budget goes in there in reality.
ConfirmedSource