The U.S. government appears set to divert some of the billions in funding traditionally earmarked for fighter planes to drone manufacturers, and investors are excited about the opportunity. Shares of Kratos Defense & Security (KTOS 12.36%) traded up 13% as of 11 a.m. ET following a Pentagon memo stressing the need for more advanced uncrewed systems. Drones in the spotlightKratos Defense has been one of the more volatile stocks in the defense sector. The company has a steady business making electronics syste ...

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