President Obama just released his 2014 proposed defense budget -- and it's chock-full of nada for investors in the fledgling drone/unmanned aerial vehicle industry. What does the lack of funding for drones portend for such manufacturers as General Atomics, Northrop Grumman (NYSE: NOC ) , AeroVironment (NASDAQ: AVAV ) , and Textron (NYSE: TXT ) ?
Fool contributor Rich Smith lays out all the numbers for you in this video.
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