The global military drone market is projected to expand from $34.85 billion in 2026 to $109.22 billion by 2031, growing at a CAGR of 25.7%. Growth is fueled by rising defense budgets, demand for intelligence, surveillance, reconnaissance (ISR), precision strike capabilities, and advances in AI and autonomous technologies. North America leads the market, while the Middle East and Africa are the fastest-growing regions due to increased adoption of tactical UAVs. This growth reflects a strategic shift in modern defense, emphasizing unmanned systems for safer, more effective military operations.
Northrop Grumman has started construction on a new building at its Roy Innovation Center in Utah to support the U.S. Air Force Sentinel Intercontinental Ballistic Missile program and other aerospace missions. This expansion will add to the existing c...
Small-cap stocks in the U.S. market continue to be the most undervalued segment, even after their best first-half performance in over 30 years, according to Morningstar's Q3 2026 outlook. The overall market shows a modest 8% discount to fair value, b...
