Apr. 21 at 11:15 PM
DEFENSE DRONE MACRO THEME
Market still wildly underpricing the shift.
👉Click to view @NasdaqPulse for timely updates amid the volatility.
$75B+ projected spend flowing into drones + autonomous warfare by 2027, yet the entire listed basket (
$AVAV,
$KTOS,
$ONDS,
$OSS) still sits around ~
$35B combined market cap.
If re-rating to even a conservative
$100B combined valuation band, the repricing math gets violent:
$AVAV:
$210 →
$600
$KTOS:
$70 →
$200
$ONDS:
$11 →
$45
$OSS:
$10 →
$40
This isn’t hype — it’s backlog + budget visibility vs current market cap disconnect.
Positioning gap still wide. When macro defense flows rotate, these don’t move gradually — they gap.