Trade of the Day: Wager on Kratos Defense (KTOS) Stock as Drone Demand Heats Up
Kratos Defense & Security Solutions(KTOS) InvestorPlace·2024-04-16 20:47
Modern warfare tactics have changed drastically. Increasingly, unmanned aerial vehicles (UAVs) have played a pivotal role in shaping the defense landscape, which bodes well for security specialist Kratos Defense (NASDAQ:KTOS). With its UAV project gaining steam, KTOS stock could be an intriguing long-side wager.Specifically, Kratos developed a stealthy unmanned UAV called the Valkyrie XQ-58A. Per the company’s website, the Valkyrie is a combat drone designed to deliver weapons or assist fighter jets. Powere ...