Potential Pentagon Investments Propel Drone Manufacturers Skyward

Potential Pentagon Investments Propel Drone Manufacturers Skyward

As talks to end the Iran War drag on, the Pentagon is planning to make deals with upstart US drone companies, the WSJ reported. The deals would tap into the Pentagon’s pool of $210 billion in lending power and could include equity stakes for the US government. The Pentagon’s reportedly eyeing companies including Performance Drone Works, Neros Technologies and Unusual Machines.  The Defense Department bucketed the news into “pre-decisional matter…

Redwire Surges Amid Trump's Drone Funding Talks - Redwire (NYSE:RDW)

Redwire shares are catching a strong bid Thursday as drone stocks surge on reports Trump administration pushing domestic manufacturing.

Drone Stocks Erupt After Report Of Pentagon Funding Deals

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

White House Drone Funding News Sent DRNZ 15% Higher

The global defense industry continues to move rapidly from legacy, heavy-hardware platforms to agile, unmanned systems. Today, the Trump Administration announced that it’s pursuing funding deals for drone companies in an effort to increase domestic production in today’s defensive landscape. For thematic investors tracking this modernization in the defense industry, this latest regulatory development triggered [...] The post White House Drone Fun…