Kratos Defense - Rising U.S. Investments in Drones Should Sustainably Drive Growth!
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Business drivers: Kratos Defense (KTOS) has positioned itself strongly in key areas such as hypersonic technologies, rocket propulsion, microwave electronics, and C5ISR systems. It is particularly well-positioned in the combat drone segment, where it is likely to benefit from increasing investments by the U.S. military, which plans to intensify its focus on modern combat drones in the coming years. On September 9, Cannacord reaffirmed its rating of Buy with a price target of $74.
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