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US defense budget sparks drone stock rally overnight
short by / on Wednesday, 22 April, 2026
Drone stocks like AVAV, KTOS, and ONDS rallied overnight after Trump proposed a record $74 billion for unmanned systems in a $1.5 trillion defense budget. The plan prioritizes modernization, setting aside $18 billion for a "Golden Dome" missile defense. This 42% spending increase signals a major shift toward advanced autonomous warfare.
read more at Stocktwits