10 Best Drone Stocks to Buy According to Billionaires

5. Lockheed Martin Corporation (NYSE:LMT)

Number of Billionaires: 13

Billionaire Holdings: $1,297,066,521

Lockheed Martin Corporation (NYSE:LMT) is one of the largest defense contractors in the world. It is famed for manufacturing notable fighter jets, including the F-35. The company also delivers advanced autonomous solutions to the US military to meet the needs of its most demanding missions.

In March, after extensive flights earlier in the year, Lockheed Martin Corporation (NYSE:LMT)’s Sikorsky successfully proved the capability of a ‘rotor-blown wing’ UAS in airplane and helicopter modes. The battery-powered, 52-kg drone demonstrated maneuverability and operational stability across all flight regimes, and can also be scaled to larger sizes with hybrid-electric propulsion

Other prominent UAVs developed by Lockheed Martin Corporation (NYSE:LMT) include the RQ-170 Sentinel, Stalker, and Indago 4. The company continues to invest heavily in autonomy and artificial intelligence. It has demonstrated its capabilities in crewed-uncrewed teaming, AI-driven autonomous systems, and integrated technologies at numerous recent US Army events.

Earlier this year, Lockheed Martin Corporation (NYSE:LMT) demonstrated a new approach to countering drones by unveiling a scalable counter-unmanned aerial system (C-UAS), which is designed to detect, track, and defeat threats from UAVs. These developments reflect the company’s immense significance in the drone market.

With holdings worth nearly $1.3 billion from 13 billionaires, Lockheed Martin Corporation (NYSE:LMT) is one of the best drone stocks to buy right now.