Drones are the future of defense investment. Here are 3 stocks to monitor

The military defense drone sector is one of the most dynamic and rapidly growing segments of the defense market.
With the advancement of technology and the evolution of the defense market, companies operating in this sector are gaining more and more attention from investors.
What are the most interesting companies to monitor when it comes to drones? 1) Elbit Systems Ltd.
(ESLT) Elbit Systems is an Israeli defense technology company with a solid reputation in the drone sector.
It produces a wide range of military drones used for surveillance, target acquisition and tactical support.
The company has a PE (FWD) of 32.50 and a Market Cap of $9.18B and has, since its launch on the stock exchange, recorded a constant upward trend, demonstrating that it has always been able to capture the interest of investors on the stock market .
Since launch, it has gained approximately 2,554%.
2) AeroVironment, Inc.
(AVAV) When it comes specifically to the "drones" market, AeroVironment is probably the main prominent company in the sector.
Founded way back in 1971, it specialized in the design and production of drones, which however are used not only in the military field, but also widely in the civil sector.
The company boasts a vast range of products ranging from surveillance and reconnaissance for the armed forces, but up to precision agriculture and land mapping.
In particular, the company plays a central role in the precision agriculture market, offering drones and specialized software to monitor crops, optimize irrigation and maximize agricultural yields.
This high-growth industry offers AeroVironment a significant competitive advantage and a solid source of revenue.
The company has a P/E of 52 and a Market Cap of $4.11B.
Since launch it has gained approximately 538%.
It should be noted that, compared to its competitors, it has a long history, but was only listed in 2007.
3) Kratos Defense & Security Solutions, Inc.
(KTOS) Kratos Defense & Security Solutions is a company specialized in the defense and security sector .
Unlike some of its competitors, such as AeroVironment (AVAV), Kratos focuses primarily on the military defense market.
Its core business is closely linked to the provision of defense and security solutions.
This includes the use of military drones, but also other services such as pilot training and mission simulations.
The company therefore offers less diversification of its various business lines, and this could be a source of concern for investors.
The company has a P/E of 43.11 and a Market Cap of $2.70B.
In the last 10 years it has gained around 160%.