Ondas Adds Critical Weapons Tech In $205 Million Deal
Ondas (ONDS) acquires GATE Technologies and Bron for $205M to expand its precision-strike and autonomous defense portfolio.
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NATO's $40 billion counter-drone initiative is accelerating defense investment. Here's how ETFs offer exposure to the military drone industry.
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Ondas (ONDS) acquires GATE Technologies and Bron for $205M to expand its precision-strike and autonomous defense portfolio.
AeroVironment’s strong earnings are putting drone stocks and ETFs back on investors’ radar as defense spending on autonomous systems accelerates.
AeroVironment won a $464.8 million Army contract to deliver dozens of LOCUST X3 laser weapon systems for layered counter-UAS defense.
Red Cat (RCAT) partners with Havoc for autonomous USVs while stock tests key moving averages. Analysts see upside to $20.
GE Aerospace gained 1.91% to $312.90, outperforming a declining market. The company is projected to report earnings of $2.01 per share (up 21.08% YoY) with revenue of $12.66 billion (up 11.96% YoY). Full-year estimates call for $7.91 EPS and $50.56 billion revenue. However, GE trades at a premium valuation with a Forward P/E of 38.81 versus the industry average of 24.25, and holds a Zacks Rank of #3 (Hold).
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