Focus instead on the next wave of potential computer miscreants -- criminals who can penetrate corporate computer systems to turn valves, start pumps or surge power at factories or electrical plants.
The second wave of investment will focus on infrastructure to address new supply locations, delivering the product to market, and capitalizing on the near term opportunities arising from lower energy costs.
The UAV space represents the wave of the future for combat systems, said Manan K. Shah, a managing partner at Focus Investment Banking, adding that many defense companies such as Boeing (NYSE:BA), Northrop Grumman (NYSE:NOC) and Lockheed Martin could look for acquisitions in the sector.