What Happened
Investing In Resilient Drone Defense Contractors Amid Rising Debt Costs
Despite rising global debt costs squeezing government budgets, defense and security spending remains a priority, favoring contractors with strong balance sheets, such as Red Cat Holdings, Intuitive Machines, and Kratos Defense & Security Solutions, which design and manufacture small tactical drones, autonomous lunar landers, and unmanned aerial systems, according to Simply Wall St News.