The article says the drone industry is expanding across mining, infrastructure monitoring, last-mile delivery and especially defense, with a 9.5% CAGR expected from 2026 to 2033 according to Grand View Research. Kratos Defense & Security Solutions (KTOS) is positioned to benefit from its XQ-58A Valkyrie combat collaborative aircraft, with the first flight of the U740-Valkyrie in Europe with Airbus completed in October 2026, while partner Northrop Grumman won the $230 million MUX TACAIR CCA award and will split it with Kratos. Kratos' hypersonics business generated about $200 million in 2025, and management projects $400 million in 2026 and at least $700 million in 2027. Elbit Systems (ESLT) had its THOR Group 2 UAS selected by the U.S. Army to give tactical units aerial capability for reconnaissance, surveillance and target acquisition.
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