Absolutely overvalued. Companies overcharging on military contracts by orders of magnitude is the standard. Hell, the air force was buying mugs for over $1k/mug not too long ago, I'm not sure if they ever actually did anything about it but I remember it being reported on a couple of years ago.
The US is scary because of its nuclear arsenal. Most of the $850B budget goes to the contractors solely for R&D, sustained production is rare, and even the "sustained" results in at most 200 units.
AI has been proven to show bias because the data its trained on shows bias but the us doesn't care as long as that bias is pointed at the "enemy" (read: anyone south of Texas or east of Ukraine) so that enemy can be most effectively eliminated. We're not leading in any development, production, or ethics, we're just paying rich assholes to make indiscriminate killing machines unbound by morals and easily scapegoated when things go wrong.
I see people actually in the military constantly complaining about how far behind technologically the military is. Only the special forces/CIA/seals/etc get the really cool toys
Of course it's a national security threat, it's just more proof that the US economy is just a giant ponzi scheme.
If China can do it better on a budget of $6m in 18 months with low end equipment, then why does it take an American company 10 years, half a trillion dollars, and the entire nation's supply of high-end graphics cards?