Sweeping new import restrictions on foreign unmanned aircraft have triggered a premarket surge for U.S. manufacturers on Friday, as the Donald Trump administration moves to curb international reliance.
By taxing foreign drones, the White House has created an immediate, protective competitive advantage for legacy defense contractors like Kratos Defense & Security Solutions Inc.
(NASDAQ:KTOS) and AeroVironment Inc.
(NASDAQ:AVAV), while simultaneously boosting smaller domestic innovators like Ondas Inc.
(NASDAQ:ONDS) and Red Cat Holdings Inc.
