Fact Sheet: President Donald J. Trump Unleashes American Drone Dominance

Fact sheetRegulation easedPublished 25/06/06Open the original

Summary

President Trump orders the FAA to enable routine beyond-visual-line-of-sight drone operations, sets up an electric vertical takeoff and landing pilot program with at least five projects, prioritizes U.S.-made drones and their export, and expands the military's access to them.

By industry

Defense1 trading day+0.1%p15 stocks5 trading days−0.3%p15 stocks20 trading days+4.7%p15 stocks
“supports the warfighter by expanding access to U.S.-manufactured high-performing drones”

Day by day after the announcement

Defense stocks and the S&P 500 after the announcement, cumulative %
Day	Defense stocks	S&P 500
25/06/05	0.0%	0.0%
25/06/06	+1.3%	+1.1%
25/06/09	+1.8%	+1.2%
25/06/10	+0.7%	+1.7%
25/06/11	+0.7%	+1.5%
25/06/12	+1.4%	+1.7%
25/06/13	+3.1%	+0.7%
25/06/16	+1.1%	+1.7%
25/06/17	+2.7%	+0.8%
25/06/18	+1.7%	+0.9%
25/06/20	+1.7%	+0.4%
25/06/23	+2.6%	+1.8%
25/06/24	+1.1%	+2.4%
25/06/25	+3.6%	+2.4%
25/06/26	+5.9%	+3.3%
25/06/27	+7.5%	+3.7%
25/06/30	+8.4%	+4.2%
25/07/01	+7.6%	+4.2%
25/07/02	+8.0%	+4.7%
25/07/03	+8.9%	+5.5%
25/07/07	+9.3%	+4.5%

Korean stocks in these industries

Hanwha Aerospace 012450
Korea Aerospace Industries 047810
LIG Defense & Aerospace 079550
Hyundai Rotem 064350

Trades in these industries around the announcement

Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.

Eric M. DemarcoPresident & CEO
BuyKratos Defense & Security Solutions
Buy
Kratos Defense & Security Solutions
KTOS
$250.4K
7,455 sh
$250.4K
Filed 25/05/12
Traded 25/05/12
Phebe N. NovakovicChairman and CEO
SellGeneral Dynamics
Sell
General Dynamics
GD
$50.3M
177,611 sh
$50.3M
Filed 25/06/17
Traded 25/06/13
Christopher E. KubasikChair and CEO
SellL3HARRIS Technologies
Sell
L3HARRIS Technologies
LHX
$8.2M
33,061 sh
$8.2M
Filed 25/06/13
Traded 25/06/12
Srinivas AttiliEVP, Civilian
BuyScience Applications International
Buy
Science Applications International
SAIC
$10.2K
100 sh
$10.2K
Filed 25/06/05
Traded 25/06/03
John BoozmanSenator · Republican · AR
BuyRTX
Buy
RTX
RTX
$1K–$15K
Joint
$1K–$15K
Reported 25/06/14
Traded 25/05/30
Dantaya M. WilliamsEVP & Chief HR Officer
SellRTX
Sell
RTX
RTX
$2.3M
16,922 sh
$2.3M
Filed 25/06/05
Traded 25/06/03
Phebe N. NovakovicChairman and CEO
SellGeneral Dynamics
Sell
General Dynamics
GD
$1.4M
4,904 sh
$1.4M
Filed 25/06/17
Traded 25/06/16
Gregory S. GallopoulosSenior VP, Gen. Counsel, Sec
SellGeneral Dynamics
Sell
General Dynamics
GD
$8.7M
30,509 sh
$8.7M
Filed 25/06/17
Traded 25/06/13
Phebe N. NovakovicChairman and CEO
SellGeneral Dynamics
Sell
General Dynamics
GD
$769K
2,735 sh
$769K
Filed 25/06/17
Traded 25/06/16
Jeffrey S. ShockeyEVP, Gov Ops, GPP & CS
SellBoeing
Sell
Boeing
BA
$650.2K
3,205 sh
$650.2K
Filed 25/05/15
Traded 25/05/13
Christopher E. KubasikChair and CEO
SellL3HARRIS Technologies
Sell
L3HARRIS Technologies
LHX
$546.4K
2,212 sh
$546.4K
Filed 25/06/13
Traded 25/06/11
Jana Partners ManagementDirector
SellMercury Systems
Sell
Mercury Systems
MRCY
$4.6M
100,000 sh
$4.6M
Filed 25/05/09
Traded 25/05/09
Jana Partners ManagementDirector
SellMercury Systems
Sell
Mercury Systems
MRCY
$4.1M
88,152 sh
$4.1M
Filed 25/05/09
Traded 25/05/08
Kathy J. WardenChair, CEO and President
Sell10b5-1 planNorthrop Grumman
Sell10b5-1 plan
Northrop Grumman
NOC
$3.8M
7,500 sh
$3.8M
Filed 25/06/13
Traded 25/06/13
Phebe N. NovakovicChairman and CEO
SellGeneral Dynamics
Sell
General Dynamics
GD
$343.7K
1,210 sh
$343.7K
Filed 25/06/17
Traded 25/06/13
John BoozmanSenator · Republican · AR
Partial saleGeneral Dynamics
Partial sale
General Dynamics
GD
$1K–$15K
Joint
$1K–$15K
Reported 25/06/14
Traded 25/05/20
Gregory S. GallopoulosSenior VP, Gen. Counsel, Sec
SellGeneral Dynamics
Sell
General Dynamics
GD
$2.3M
8,109 sh
$2.3M
Filed 25/06/17
Traded 25/06/13
Kathy J. WardenChair, CEO and President
Sell10b5-1 planNorthrop Grumman
Sell10b5-1 plan
Northrop Grumman
NOC
$1.9M
3,750 sh
$1.9M
Filed 25/06/13
Traded 25/06/12
Jonah AdelmanPresident, ME Division
SellKratos Defense & Security Solutions
Sell
Kratos Defense & Security Solutions
KTOS
$1.4M
40,000 sh
$1.4M
Filed 25/05/15
Traded 25/05/13
Brendan J. NelsonSVP, President, Boeing Global
SellBoeing
Sell
Boeing
BA
$132K
640 sh
$132K
Filed 25/05/19
Traded 25/05/15