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Kratos Defense & Security Solutions, Inc. primarily functions as a contractor for the United States Department of Defense. Its business operations are organized into two distinct divisions: Kratos Government Solutions and Unmanned Systems. The Kratos Government Solutions segment delivers a comprehensive suite of products and services, including advanced microwave electronics, solutions for space and satellite communications, specialized training and cybersecurity/warfare capabilities, C5ISR (Command, Control, Communications, Computers, Combat Systems, Intelligence, Surveillance, and…

Drone stocks have left many investors underwater. The REX Drone ETF NASDAQ: DRNZ is down approximately 23% this year.

A cash offer for Austrian engine maker Steyr Motors is sending shares of Red Cat Holdings (NASDAQ:RCAT) sharply higher as the drone maker moves further into propulsion. Red Cat stock is at $5.

Kratos Defense and Security Solutions, Inc. (NASDAQ: KTOS - Get Free Report) insider Phillip Carrai sold 6,500 shares of the business's stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $39.86, for a total value of $259,090.00. Following the completion of the transaction, the insider directly owned 169,196

Kratos Defense (KTOS -0.79%) is betting that militaries will pay more for autonomous aircraft when range, payload, and mission flexibility matter. The Valkyrie has demonstrated its technology, but the bigger question is whether Kratos can turn that validation into enough funded production orders to justify its expanding capacity.

Proposed changes to Norway's sovereign wealth fund ethics rules could open the door to investments in more Western defense companies. The fund is currently barred from investing in companies including Lockheed Martin and Boeing because of their involvement in nuclear weapons production.