5 Best Military Drone Stocks To Invest In

2. The Boeing Company (NYSE:BA)

Number of Hedge Fund Holders: 57

The Boeing Company (NYSE:BA) is a Virginia-based manufacturer of commercial jetliners, satellites, military aircraft, human space flight and launch systems, and missile defense globally. Ranked 2nd in our list of the best military drone stocks to invest in, The Boeing Company (NYSE:BA) is developing an unmanned aircraft system, MQ-25, for the US Navy. The firm also makes ScanEagle, a long-endurance unmanned aerial system. It reported revenue of $18.1 billion in Q3.

Insider Monkey took a look at 910 hedge funds portfolios for Q2 2023 investments and found out that 57 had a stake in The Boeing Company (NYSE:BA). The largest stakeholder was Ken Griffin’s Citadel Investment Group which had 4.4 million stakes of The Boeing Company (NYSE:BA) that were valued at $928.8 million.