Drones are the future of warfare.
Demand for unmanned aerial vehicles (UAVs) is projected to remain on the ascent as governments seek to reduce both the human and monetary costs of armed conflict. The U.S. Department of Defense alone requested $9.39 billion for unmanned systems in its fiscal 2019 budget proposal, according to the Center for the Study of the Drone at Bard College. That’s up from $7.5 billion in 2018.
Companies that meet this growing need stand to profit handsomely in coming years. For investors looking to share in those profits, here are two of the best drone stocks available today. more