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Kratos Defense & Security Stock Rallies on U.S. Export Policy Shift
Kratos Defense & Security Stock Rallies on U.S. Export Policy Shift
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BTCCSquare news:
Kratos Defense & Security Solutions (KTOS) shares surged 7.7% on Tuesday after the U.S. State Department announced streamlined export rules for unmanned aerial systems. The policy change treats drone exports like piloted aircraft sales, potentially opening new markets for Kratos' Valkyrie "loyal wingman" combat drones.
The defense contractor's stock has gained nearly 200% year-to-date as Pentagon interest grows in its AI-powered drone technology. While multiple defense firms stand to benefit, Kratos' focus on autonomous systems positioned it for outsized gains from the regulatory shift.
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