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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.
Ondas Inc. (NASDAQ:ONDS) stock is at $6.32, down 6% in afternoon trading, days after the company unveiled a defense AI venture with Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction).
KTOS' successful turbojet engine tests and ambitious production expansion plans position it to capitalize on rising demand for affordable defense propulsion.
SAN DIEGO, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a technology company in defense, national security, and global markets, today celebrated a joint groundbreaking ceremony, at the Westgate Academy in Odon, Indiana, marking the beginning of construction for its new Helios and AN/SPY-1 facilities. These facilities, which are the product of $35 million in funding through the Department of War's Industrial Base Analysis and Sustainment (IBAS) program and cost-sharing from Kratos, represent a significant step forward in advancing defense capabilities, innovation, and the long-term growth of the state's defense ecosystem.