KTOS

Post argues defense stocks are at/near a bottom and set up for a multi-period upcycle because recent conflicts are driving higher defense budgets, with incremental funding skewing toward emerging technologies such as drones and counter-drone. It uses a historical analogy (Billy Mitchell/battleship-to-airpower shift) to suggest technology transitions can rapidly re-rate the winners and obsolete legacy platforms.

This paper is a theoretical/control + multi-agent decision-making advance: dynamic programming (DP) characterizations for decentralized POMDPs with delayed information sharing, including structural “information state” compression (private posterior, common posterior, private info component) and a separation-like principle. By itself it is not an immediate market-moving catalyst, but it maps to longer-horizon productization pathways in autonomy/robotics/defense/industrial automation where decentr

Discussion centers on a proposed Trump-era push to expand/modernize the US Navy (“Golden Fleet”) in response to China, with shipbuilding executives emphasizing that execution depends less on headline dollars and more on (1) predictable multi-year procurement, (2) timely funding, and (3) stable requirements/designs—plus a shift toward fleets that integrate drones/unmanned systems and missiles.

Discussion highlights concerns about Patriot/PAC-3 interceptor stockpiles and multi-year replenishment timelines, implying pressure to accelerate production and procurement. It also flags a pivot toward lower-cost air defense/drone solutions and directed-energy (lasers) as a capability gap-filler, plus incremental support for UK defense spending and UK-Ukraine drone innovation.

Post is a high-level macro/positioning watchlist organized by themes (Neocloud, Connectivity, Robotics, National Security, Energy) with explicit cashtags/tickers but no explicit entry/exit, catalyst, or position-change details. Actionable mainly as a thematic basket/relative-strength screen rather than a specific trade.