Can it “drop” its weapons and raise its wings?
No, because it’s half-Russian.
https://en.wikipedia.org/wiki/Alenia_Aermacchi_M-346_Master
FYI: Our Air Force and Navy aviators may soon be flying these as trainers - the M346 is a candidate in the T-X trainer competition.
“T-X program
In the United States, Alenia Aermacchi is to submit the M-346 for the United States Air Force’s T-X program to replace the aging Northrop T-38 Talon, rebranding the aircraft as the Leonardo DRS T-100 Integrated Training System. Alenia originally intended to be the prime contractor, anticipating moving the final assembly location from Italy to the United States if the bid succeeds. About 350 aircraft are expected to be ordered, further purchases could lead to over 1,000 aircraft being purchased overall.[51] In January 2013, Alenia Aermacchi signed a letter of intent with General Dynamics C4 Systems, who intended to serve as the prime contractor for the T-X bid; however, General Dynamics announced their withdrawal in March 2015.[52][53] On January 1, 2016, Alenia Aermacchi was absorbed into a new consolidated corporation titled: Leonardo-Finmeccanica. In February 2016, it was announced that Raytheon, who shall serve as the prime contractor, had teamed up with Leonardo-Finmeccanica to offer an advanced variant of the M-346 for the T-X program called the T-100.[54]
On 25 January 2017, Raytheon announced that it had withdrawn as prime contractor and American partner in the T-X competition.[55] On 8 February 2017, Leonardo confirmed that it would remain in the T-X competition alone, with Leonardo DRS, its US subsidiary, serving as prime contractor.[56]”