The market is mispricing the current geopolitical reality: The true bottleneck for the defense sector is not the US election, it is the raw material supply chain.

Everyone is currently hyper-focused on the upcoming US elections, potential administration changes, and the ongoing global conflicts. The mainstream narrative assumes that escalating geopolitical tensions automatically equal unlimited upside for top-tier defense contractors. This is a dangerous oversimplification. While defense budgets are expanding globally, the actual bottleneck is physical production capacity, specifically tied to global copper supply chains and rare earth metals. We are seei