How drones & AI are changing the defense sector & warfare
The growing frequency of wartime drone attacks is causing a shift in the nature of both the defense sector and modern warfare. Tony Bancroft, Gabelli Funds portfolio manager, joins Asking for a Trend with Josh Lipton to discuss the outlook for the use of drone technology, artificial intelligence (AI), and automation in warfare. Bancroft also shares some of his top stock picks in the defense sector, including parts-makers like Textron (TXT), Honeywell (HON), L3Harris (LHX), and Ducommun (DCO). To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.