First, our filing still shows China's export-control list from March 2025 — no escalation, no relief. Second, motors, batteries and advanced components lean on rare earths, a significant majority from China, plus semiconductor sourcing risk there. Third, our edge is production scale, breadth and programs of record, not upstream ownership. Titan, our AI-enabled RF counter-drone system, more than doubled pro forma sales in fiscal 2026 with demand rising through 2027 and beyond. US government customers roughly 85% of revenue, DoD roughly 63%.