Kratos Defense & Security Solutions (KTOS) saw its stock surge 5.24% in pre-market trading on Monday, riding the wave of a broader rally in drone-related stocks. The movement comes as several companies in the drone and unmanned aerial vehicle (UAV) sector experienced significant gains in overnight and early morning trading.

The rally in drone stocks appears to be widespread, with multiple companies in the sector seeing notable increases. Ondas Holdings led the pack with a 12-14% jump, followed by Unusual Machines with a 7% increase. Other drone manufacturers such as Red Cat, Draganfly, and AeroVironment also saw gains ranging from 3% to 5%.

While the specific catalyst for this sector-wide movement remains unclear, investors seem to be showing renewed interest in companies involved in drone technology and defense-related unmanned systems. Kratos, known for its work in unmanned systems, target drones, and other defense and security solutions, appears to be benefiting from this positive sentiment in the drone market.