
鳥
908 posts



"This is a Sean McVay decision. Make no doubts about it." —@PSchrags "If you think the Rams are 52 catches and 4 touchdowns away from a wide receiver from going to the Super Bowl and winning it, you're out of your mind." —@danorlovsky7 "I want guys that can help me right now win a Super Bowl." —@damienwoody The crew reacts to the Rams drafting QB Ty Simpson 👀

$MRLN Where the thesis stands after the last two weeks Five new pieces have landed and they push the same direction. CFO Ryan Carrithers put three disclosures on the record with Motley Fool last week. Golden Dome is live. Merlin is “bidding on awards under the Golden Dome contract right now” and is “one of the suppliers.” SHIELD was the architecture study. Golden Dome is the procurement. Live bidding belongs in the catalyst stack alongside the C-130J and KC-135. F-35 is confirmed by management. “We want to go after both of those markets. We think both of those markets are very interesting and that we can do them in parallel.” Bigger than the F-16 disclosure Matt slipped on Crossing the Valley. TAM frame moves to cargo, tanker, F-16, and F-35. Four lanes confirmed. Lockheed head-to-head. Merlin beat Lockheed as the prime on the C-130J contract. Lockheed manufactures the airframe. The bear case has always been “Lockheed will do this in-house.” They tried, on their own airframe, and lost. Two pieces from the deeper dig that nobody is connecting. A-GRA. Merlin signed a CRADA with the Air Force in October 2025 to enhance the Pentagon’s Autonomy Government Reference Architecture for contingency management. Major Dustin Graves at AFWERX is the PM. Chris Gentile is GM of Tactical Autonomy on Merlin’s side. Merlin is not bidding to be one of nine Increment 2 vendors. They are helping write the architecture every CCA vendor has to build to. Upstream of the procurement, not downstream. HONA. Honeywell Aerospace spins out as a standalone Nasdaq company in Q3 2026. Form 10 filed. Investor day June 3. 17.4 billion dollars in 2025 revenue. Merlin already has an MOU with Honeywell, now on HONA’s balance sheet. HONA debuts one to three months before Merlin’s lockup expires September 16. A new 17 billion dollar aerospace prime arrives on Nasdaq with an existing autonomy MOU exactly when Merlin’s tradable float roughly doubles. Add Matt’s disclosure on Crossing the Valley that Brian Schimpf personally mentors him. The Anduril CEO advising the Merlin CEO. Lattice plus the Merlin Pilot is the same complementary stack pattern the DoD wants. Latent strategic option in the same window. Two pieces of context. Carrithers anchored 2026 guidance at 32 million dollars on the record, 4x growth on 2025’s 8.5 million. Roth’s 25 PT was built on this number. Future initiations have a CFO-confirmed anchor. He also disclaimed the simulator framing: “Hundreds of hours of flights on several different vehicles of actual flight data that we are continuously doing really on a daily basis. This is not something we’re doing in a simulator.” One calibration. Matt projected in February 2025 that 2025 revenue would be “shy of 80 million.” Actual was 8.5. Trust him on direction. Discount him hard on revenue timing. Command lineage moat. Webb retired. Slife was relieved February 2025. Conley took AFSOC in July 2024. The C-130J program survived two of three command rotations in the most volatile defense leadership transition in recent memory. PDR still landed on schedule in March 2026. Institutional commitment, not personal favor. Net. Three new lanes confirmed (Golden Dome, F-16, F-35). One moat hardened (Lockheed head-to-head). Architectural co-author position confirmed (A-GRA). Strategic transaction window aligned (HONA Q3, lockup September 16, Anduril mentorship). Forward revenue anchor locked in (32 million). The catalyst stack got denser. youtube.com/watch?v=zAhywx…









Wrote the complete $MRLN thesis. Four parts, one position, every argument. De-SPAC defense autonomy. Largest position I hold. Part 1 is free. Start here: open.substack.com/pub/shawarmaca…



🔥 $MRLN ✈️ Merlin and Remah International Group Announce Exclusive Teaming Agreemen... youtu.be/2vjCvAV-tRQ?si… via @YouTube




The World Pup is LIVE⚽️ $10 to Enter $250k in Prizes $30k to 1st Place

JUST IN: 🚀 @SolunaHoldings expands with Blockware, adding 3.3 MW at Project Dorothy 1B, West Texas. This takes Blockware's total capacity with Soluna over 17 MW. The site is powered by the $53M acquired Briscoe Wind Farm, furthering Soluna's renewable energy goals. $SLNH









