Small US defense stocks soar on rush for next-gen battlefield tech

Core Insights - Smaller U.S. defense firms have become standout performers on Wall Street this year due to increased demand for low-cost, next-generation military technology [1] - The Pentagon's shift towards agile and adaptable combat systems has further fueled this trend [1] Industry Summary - The demand for modern warfare solutions is driving growth in the defense sector, particularly for smaller firms that can provide innovative and cost-effective technologies [1] - The focus on next-generation military tech aligns with the evolving needs of the U.S. military, emphasizing flexibility and adaptability in combat systems [1]