Drone stocks fly higher as Hegseth reportedly orders production ramp

7 hours ago 2
Unmanned Aerial Vehicle (UAV)

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Drone-related stocks rallied in pre-market trading on Friday after Secretary of Defense Hegseth reportedly issued sweeping new orders to ramp up production and deployment of drones.

Among stocks moving higher: Red Cat (NASDAQ:RCAT) +14.7%, Kratos Defense & Security Solutions (

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