I've spent my career doing this stuff. I'm telling you, it is not trivial. It is being worked on, but you can't just strap a missile onto a drone and call it good.
A piece of context I left out. I don't want to kill people. Yes, despite working on war machines. I ain't tossing out cheap, disposable, optimized for operational cost out there, because that means you are, eventually, killing children and other innocents. No thanks. We aren't talking 'cool robotics here'. We are talking corpses, burned bodies, melted faces, families broken, futures destroyed, blood, pain, horror. There are no words for it. I worked on this stuff because I consider the alternative to be worse, but it's ambiguous. I'll spare you the "A Few Good Men" speech, as I'm sure you get what I mean.
"Move fast and break things" is a great way to build a Facebook. Not so much for war machines, IMO. Feel free to chalk that up to trying to preserve a career, but it's not (you, ansible, didn't say that, someone else did). It's the realization that everyday, when you go to work, you are designing something to cause unbelievable misery, often for political rather than ethical reasons. It's hard to live with. I'm not denying that there is politics and all of that other stuff happening, it certainly does, but it is not the only thing going on.
Sorry, I realize this is a downer for HN, where we are supposed to be chipper, enthusiastic, and supportive, but we are talking about killing people here. It's not a situation for being 'disruptive' or whatever SV meme you might think of (again, you didn't use that term, I'm responding more to the thread at large).
Given all of that, is there room for innovation? Sure. And it is being worked on. I've worked on next-gen autonomous robots and UAVs for war. You may or may not read about it some day. But it ain't easy. Another poster brought up the IUD analogy. Sure, if you blanket the sky with fire you can take down a modern US jet. And kill everything else as 'collateral damage'. I don't want to fight war that way, and I don't think we ever should, except perhaps in extremis. Because at that point we have lost whatever it means to be human.
Sorry, I think about this stuff. A lot.
edit: a big reason for the expensive airframes and other weaponry is because we decided we don't want to carpet bomb and otherwise use non-precision weapons. Spend a million and hit the window where the target is sitting, vs 50K to drop a bunch of bombs that destroy a city block. Precision is often efficacious, to be sure, but we are doing this for moral reasons as well.