They have drones that are better than the existing drones. They absolutely don't have drones that are anything like the impossible vehicles in these UFO reports though.
Remember that we have strategic bombers with a radio signature of a trash can, or whatever. This is seen as normal, and has been publicized for decades. Same with Russian supersonic fighter jets that can stop in the air for a moment.
If we (or "they") have a drone with a visual signature of an inertia-less device (under certain angles, doing a special manoeuvre, etc), this does not mean they are actually inerta-less, but that they can fool the aiming systems.
Pretty sure this was ruled out by the multiple methods of observation used.
And have had them for decades now, if UFO reports are to be believed?
UFO sightings aren't new. The capabilities people report don't seem to be getting better over time. If UFO reports are (sometimes) real and they're advanced US prototypes not ready for production, what were they 30 or 40 years ago? Have UFO reports only been real for the last 10 or so years?
Except that's not how the world works.
We have peace for as long as there's a balance of powers in this MAD nuclear stalemate we find ourselves in.
If you've got secret goodies in the shed that completely disrupt the balance, you don't realize them until it's absolutely necessary. It's not a massive disinformation campaign, it's about operating at scale on a level appropriate for the circumstances.
China and Russia have been doing a lot of saber rattling and projecting new technologies that threaten to disrupt the balance, so I don't think it's too surprising that the US is responding with escalating propaganda of its own.
The big question is are these UFOs demonstrating real capabilities or is it just fabricated FUD propaganda.
We'll always have something better in the shed, otherwise we're obsolete.
The issue I have with this line of reasoning is that if the US military actually possesses technology that's vastly ahead of anything official, then that implies that about 99.9% of the US military budget -- and the entire known fleet -- is essentially a massive disinformation campaign.