I think smaller drones that are harder for guidance systems to target are going to be the wave of the future against technologically advanced nations like Iran. http://www.cnn.com/2012/11/09/world/meast/iran-fighter-jets/?hpt=hp_t3
I have heard there is much interest in newer drone technology. What other small public companies are in this space that you follow? I see that LMT, NOC, and BA have a lot going in the drone space, but these large caps are hard to move and drones are seemingly a very small part of their business.
db- with any drones carrying a payload, I agree. with regard to drones used strictly for intelligence gathering, surveillance and reconnaissance... quite the opposite is true. reducing the size of cameras, sensors, power systems is simply inevitable over time. exponential technology.