$DRONESHIELD LTD(DRO.AU)$ Dron

DroneShield's share price has been appreciating following its $32.2m sale to an APAC customer. This was the upside expected with the SP down as low as 60c earlier this year. Historically our biggest previous sale was $33m back in 2023 which was to the US govt and had links to the Ukraine aid package. This contact, rather a set of small ones all at once, confirms that DRO products do sell and to a broadly diverse market. Good things ahead for the year if they continue to bank material sales - looking ahead to the Land156 contract in the next few months.

Top Picks for Defense Industry Stocks in 2025

Bank of America analysts recently said that Northrop Grumman (NOC.US), Booz Allen Consulting (BAH.US), Rocket Lab (RKLB.US), Raytheon Technologies (RTX.US) and GE Aerospace (GE.US) is the top pick for defense industry stocks in 2025. Although Republicans may control the White House, Senate and House of Representatives and federal budget constraints will remain an issue, defense spending is still expected to increase.

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