NATO Investing $40 Bln in Counter-Drone Defenses: Rutte

NATO Secretary General Mark Rutte said the alliance is building robust counter-drone defenses, with allies investing over $40B over the next five years. The announcement at the NATO Summit in Ankara implies a major defense-capex push that could shift demand toward security and defense contractors.

Analysis

NATO Secretary General Mark Rutte said the alliance is building robust counter-drone defenses, with allies investing over $40B over the next five years. The announcement at the NATO Summit in Ankara implies a major defense-capex push that could shift demand toward security and defense contractors.