Stocks in Action USA: Kratos Defense, Astronics, Levi Strauss
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US Department of Defense Accelerates Drone Production – Stocks of AeroVironment, Kratos, and Red Cat Surge! The stocks of several drone manufacturers rose sharply on Friday after US Secretary of Defense Pete Hegseth reportedly ordered a comprehensive acceleration of drone production. AeroVironment (AVAV) , Kratos Defense (KTOS) , and Red Cat (RCAT) saw significant double-digit gains. This follows a strategic paper in which Hegseth stated, "to take off the bureaucratic gloves" in order to catch up with Russia and China in the field of unmanned...
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