Military Defense Suppliers AeroVironment, Karman & Ondas (Upward Trend)

$Karman Holdings (TCFIII SPACECO HOLDINGS LLC)(KRMN)$

AeroVironment $(AVAV)$ this week said it had acquired Empirical Systems Aerospace for about $200 million to bolster its drone-making capabilities. Another defense firm, Karman $(KRMN)$, plans to open a new facility to make more components for counterdrone programs and missiles.

Ondas $(ONDS)$ on Wednesday launched a new joint venture with Heidelberger Druckmaschinen (XE:HDD) to deliver autonomous drone defense and security systems across Germany and Ukraine. Earlier this week, the firm completed its acquisition of a British drone maker.

"Europe is facing an urgent need to protect critical infrastructure, military installations and civil assets from evolving drone threats," Ondas CEO Eric Brock said in a statement.

$Ondas Holdings Inc.(ONDS)$

Ondas's stock has surged 49% over the last three months and 1,354% over the last 12 months, while Karman shares are up 60% over the past three months and 179% over the last year. AeroVironment's stock is up 72% over the last 12 months, despite paring some gains after a major contract was reopened.

Oil Pullback While Banks See $120: Is the War Risk Still On The Table?

Iran is implementing a “targeted strategy”: instead of indiscriminately blocking all shipping lanes, it is allowing only vessels from specific countries to pass. Analysts warn that the global oil market is severely underestimating the disruptive impact of this strategy. Due to the extreme lack of transparency in passage criteria, war risk premiums have not declined—instead, they continue to surge because of unpredictable risks. Although oil prices have recently pulled back, Has the risk ended? Will Brent crude break above Citi’s projected $120 ceiling and surge toward $140?

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Military Defense Suppliers AeroVironment, Karman & Ondas (Upward Trend)

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