Kratos Defense & Security Solutions (KTOS)
Industrials
Skyborg fears overdone - Pete Skibitski believes there will be very little, if any, backing away from drone purchases by the Air Force. Investors should keep in mind that KTOS, just won a $338m six-year contract for Air Force target drones, and Pete expects additional orders from the Navy and other customers before the year is out. The recent selloff from $30.00 (stock currently trades at $21.40) provides a compelling opportunity for investors to augment/initiate drone exposure.
Edition: 117
- 20 August, 2021