Gabelli 31st Annual Aerospace & Defense Symposium
Conference Host: Gabelli Funds, LLC | Portfolio Manager: Tony Bancroft
The Harvard Club, New York City
Noah Smith
AIRO Group: War-Proven Drone Maker Goes Public, but Drone Segment is its Buoyancy
Executive summary
* My grain of salt before you read: The analysis below has color, as
Venezuela as Decoy, Iran as Target
"The most powerful tool of a leader is deception. Appear weak when you are
Encircling Kaliningrad: A Mission Thread on the Suwałki Gap War
Mission Problem / Opportunity
Russia launches an invasion of Lithuania from Belarus with two immediate objectives:
members only
HavocAI's boats sail toward a new multi-polar war market
Airfield Re-seizure Operations in Taiwan: some CONOPS
Outline of operations to re-secure a critical Taiwanese airfield from PLA control and restore allied access.
Department of War in a state of change and other updates - 17AUG2026
members only
Department of War in a state of change and other updates - 17AUG2026
A shake up to the structure in DOD continues
members only
DIU Director steps down, USD R&E assumes role
DIU may be poised to roll back into USD R&E
members only
U.S. Army Digital Backbone and Air-Launched Effects Programs
Contract award demonstrates a spear to a new digital thread market segment
members only
Quick Look: HavocAI
A look at Havoc through data, facts, and the market lens
members only
Virginia Senate members with Technology, Finance, and Appropriations oversight
members only