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Forget AI Software: Why the Smart Money is Betting Billions on Autonomous Weapons
Key takeaways
- KTOS and AVAV, the fund s pure-play autonomous names, are each down 24% year-to-date despite AVAV posting 143% revenue growth last quarter.
- Despite the drone ETF branding, Lockheed, RTX, and General Dynamics consume 24% of SHLD while pure-play autonomous names like KTOS hold just 2%.
- Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Global X Defense Tech ETF didn t make the cut.
Forget AI Software: Why the Smart Money is Betting Billions on Autonomous Weapons Omor Ibne Ehsan Thu, June 11, 2026 at 9:16 PM GMT+7 4 min read KTOS ^GSPC LMT XAR SPY Quick Read SHLD holds $7.5 billion riding a $54 billion Pentagon drone budget yet sits down 3% while the S&P 500 gained 8% year-to-date.
KTOS and AVAV, the fund s pure-play autonomous names, are each down 24% year-to-date despite AVAV posting 143% revenue growth last quarter.
Despite the drone ETF branding, Lockheed, RTX, and General Dynamics consume 24% of SHLD while pure-play autonomous names like KTOS hold just 2%.
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