The DOD is rescinding "restrictive policies that hindered production and limited access" to drone technologies, and ...

Shares of drone stocks are trading higher after Secretary of Defense Pete Hegseth announced efforts to fast-track drone ...

Pentagon removes barriers for military drone deployment, redefining small unmanned aircraft as consumables while mandating ...

The U.S. Defense Department has announced sweeping changes to its military drone procurement and deployment practices.

The memo directs the military services to create active duty formations by September, built for the sole purpose of scaling ...

US drone maker stocks, particularly AeroVironment and Kratos, surged following Defense Secretary Pete Hegseth's announcement of a new initiative to boost domestic drone production. Hegseth is ...

Drone-related stocks including Red Cat rallied after Secretary of Defense Hegseth reportedly issued sweeping new orders to ...

AeroVironment is the biggest drone pure-play stock you can buy at the moment. Its funded backlog is at $467.1 million, which ...

Israel and Ukraine have used drones against their adversaries in audacious ways that have helped the Pentagon see the need ...

Defense Secretary Pete Hegseth followed up on the X social media platform, confirming the $1 trillion figure. By comparison, the 2025 defense spending is projected at about $951 billion.