February 6, 2026
Finance

Battle Commences at Fort Benning as Kratos and Red Cat Compete for $1.1 Billion Drone Contract

The War Department’s Drone Dominance Program ushers in a new era of rapid military drone procurement and deployment

Summary

Kratos Defense & Security Solutions and Red Cat Holdings, alongside 23 other drone manufacturers, are set to compete at Fort Benning to capture a key role in the War Department’s ambitious Drone Dominance Program, a multi-phased $1.1 billion acquisition effort. This program reflects a strategic shift towards accelerated procurement timelines and rapid operational deployment of unmanned attack drones, emphasizing technological speed and scale to maintain military superiority.

Key Points

The War Department’s Drone Dominance Program is a $1.1 billion, four-phase initiative aimed at accelerating the procurement and deployment of unmanned attack drones.
Secretary of War Pete Hegseth has spearheaded policy changes to expedite acquisition, emphasizing rapid, scalable purchasing of effective drone technology without bureaucratic delays.
The initial Phase 1 event, Gauntlet I, will begin on February 18 at Fort Benning, where military operators will test systems from Kratos, Red Cat’s Teal Drones, and other manufacturers by direct control.
Following Gauntlet I, about $150 million in prototype orders are expected, with selected drones reaching front-line deployment within five months, highlighting a drastic reduction in traditional military development times.

The highly anticipated contest to secure dominance in unmanned aerial warfare is underway as Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), Red Cat Holdings, Inc. (NASDAQ:RCAT), and 23 other drone manufacturers prepare to engage in a pivotal competition at Fort Benning. The objective for these vendors is to obtain leadership in the War Department’s Drone Dominance Program (DDP), an expansive procurement initiative with a total value of $1.1 billion, phased over four distinct stages.

The War Department’s aggressive program reflects an unprecedented approach to military acquisitions, emphasizing unparalleled speed and scale designed to rapidly equip armed forces with cutting-edge drone technologies tailored for modern conflict scenarios. The companies entering this contest, including industry players Kratos and Red Cat, are each eager to demonstrate their capabilities and align with the Department's vision for future warfare.

Strategic Shift in Military Drone Acquisition

The Drone Dominance Program stems from a direct initiative of Secretary of War Pete Hegseth, who has devoted the past year to dismantling conventional defense procurement barriers. His goal has been to expedite the matching of advanced drone technologies with contemporary battlefield requirements. In a policy memorandum issued in July 2025 entitled "Unleashing U.S. Military Drone Dominance," Secretary Hegseth articulated a transformative philosophy: drone dominance is as much about speed and continuous evolution as it is about technological innovation.

Hegseth underscored the administration's forward-leaning stance by declaring, “We are buying what works—fast, at scale, and without bureaucratic delay.” He reinforced the commitment to combat effectiveness by stating that lethality will not be constrained by self-imposed limitations, signaling a willingness to prioritize operational readiness over traditional developmental caution. This method aims to rapidly deploy low-cost, expendable attack drones that enhance what the military terms "America's Arsenal of Freedom." These one-way unmanned systems are designed to be fielded quickly and efficiently to maintain an advantage in evolving warfare landscapes.

The Operational Test: Gauntlet I at Fort Benning

The critical first evaluation, known as “Gauntlet I,” is scheduled to begin on February 18 at Fort Benning and will represent the initial test of competing drone systems. At this event, military operators will directly manage the drones provided by participating manufacturers, including Kratos’ SRE unit and Red Cat’s subsidiary, Teal Drones. This hands-on leadership of the evaluation process places warfighters at the center of technology assessment, ensuring that vendor solutions meet operational needs under real-world control conditions.

Following the completion of Gauntlet I in early March, the Department of War plans to issue prototype delivery orders valued at approximately $150 million. Notably, these selected drones are expected to be operational at the front lines within a compressed period of five months. This timeline signifies a sharp departure from the traditional, years-long military development cycles, emphasizing rapid prototyping and swift deployment to address emerging threats.

Future Outlook Through 2027 and Beyond

The Drone Dominance Program’s multi-phase structure anticipates that unit costs will decrease while production volumes increase over the coming years. The defense industry, particularly military-grade drone manufacturers, are preparing for subsequent phases of the competition, which will further define production schedules and contract awards. Fort Benning remains the focal point for these trials and assessments, underscoring the program’s emphasis on rigorous operational validation.

The War Department’s messaging to participating companies is clear: funding allocated for the program is substantial and consistent, with an urgent timetable to strengthen combat capabilities. The compressed timeline is intended to accelerate the U.S. military’s drone arsenal enhancement, ensuring that technology and operational readiness evolve in tandem to meet future conflict demands.

Market Response and Stock Activity

In response to developments surrounding the Drone Dominance Program, Red Cat Holdings’ stock has shown an upward trend, reflecting investor optimism about the company’s prospects in securing contracts under the War Department’s initiative. Investors and market analysts closely monitor these movements as the program unfolds and competitive dynamics evolve between Kratos, Red Cat, and other participants.

Conclusion

The launch of the Drone Dominance Program marks a significant milestone in military procurement strategy, characterized by an emphasis on rapid acquisition and deployment of advanced unmanned aerial vehicles. As Kratos Defense & Security Solutions, Red Cat Holdings, and multiple other vendors converge on Fort Benning for the initial competition phase, the stakes are high and the timeline compressed. The program’s emphasis on fast, scalable, and effective drone technology procurement signals a new era of military capability development aimed at preserving U.S. tactical superiority in rapidly shifting combat environments.

Risks
  • Outcome of the Gauntlet I competition is uncertain, with multiple manufacturers vying for contracts, raising competitive risks for participating companies.
  • The compressed timelines increase operational and delivery risks associated with rapid prototyping and field deployment of drone systems.
  • Price reductions and increasing production volumes anticipated later in the program could impact profit margins and supply chain stability for awarded contractors.
  • Potential challenges in integrating rapidly acquired drone technology into existing military systems and doctrines could affect operational effectiveness and program success.
Disclosure
Education only / not financial advice
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