- Drones that cost $10,000 to $100,000.
- Missiles that cost millions to shoot them down.
- Lasers that cost $10 per shot.
Memorize those numbers. The conflicts over the next decade and beyond are going to be based on them. To be clear, I don’t want any of them. But as long as the first one is in the air, the other parts of the equation must exist as well.
AeroVironment Inc (NASDAQ:AVAV) CEO Wahid Nawabi laid out the strategic case for directed energy in terms that should resonate with any investor thinking about the future of defense spending.
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