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 (NOC 2.31%), AeroVironment (AVAV -1.96%), and Textron (TXT -10.62%)?
Fool contributor Rich Smith lays out all the numbers for you in this video.