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Cathie Wood’s ARK Invest Adds Kratos Defense, AeroVironment Stocks As Pentagon Bets On Drones To Drive Future Warfare
Stocktwits ·
Stocktwits reports: Cathie Wood’s ARK Invest is doubling down on drone warfare, buying 209,379 shares of Kratos Defense & Security Solutions (KTOS) and 31,040 shares of AeroVironment (AVAV) on Wednesday. The investor’s latest bets highlight rising conviction that autonomous aircraft and loitering munitions will drive the Pentagon’s next wave of defense spending. Kratos, AeroVironment Get Fresh Lift From ARK’s Drone Strategy ARK executed trades across the ARK Innovation ETF (ARKK), ARK…