US Drone Initiative Fuels Stock Surge
The Switchblade capabilities are set to expand to $1 billion this year
The share of revenue from Ukraine is expected to decrease to 5% this year
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The USA aims to become the dominant drone power by the end of 2027 and is accelerating procurement in response to the lead by China and Russia. Approval processes for armed drones will be reduced to 30 days, branches of the military must integrate drones into combat exercises in the future, and three new national drone testing sites are to be established within 90 days. Purchases from US companies will be prioritized. AeroVironment (AVAV, i) remains my favorite with over 50,000 deployed autonomous drones, the Blue Halo acquisition, and a planned...
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