00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The Trump administration has expanded its counter-narcotics campaign across the Caribbean,
00:06Eastern Pacific, and the Southern U.S. border, creating a lucrative new market for defense
00:11tech and AI companies, according to the Wall Street Journal.
00:14Starters and major contractors are repurposing drones, sensors, AI tools, and data analysis
00:19platforms for drug interdiction missions.
00:22President Trump's July spending bill increased federal funding for border security technology
00:26and anti-drug operations, adding substantial resources for Homeland Security, the Pentagon,
00:32and the Coast Guard.
00:33Companies continue competing for contracts as the administration shifts its national defense
00:37focus toward the Western Hemisphere.
00:39For all things money, visit Benzinga.com.
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