Motley Fool analyst Blake Bos discusses the implication of reports that conclude the cost of robots may be less than the cost of humans in battle.
Blake compares the cost of maintaining a soldier in Afghanistan to that of a battle robot and points to the F-35 fighter program as an example of how expensive manned programs have become.
In the video below, Blake observes how smaller companies like iRobot (NASDAQ: IRBT ) and AeroVironment (NASDAQ: AVAV ) , as well as huge defense contractors such as Lockheed Martin (NYSE: LMT ) and Northrop Grumman (NYSE: NOC ) , are positioned to benefit from this trend.
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.
No comments:
Post a Comment