Trump's Sons Launch Jaw-Dropping Bid to Cash in on Dad's War [View all]
Donald Trump’s sons could be in for a payday over their father’s planned $1 billion-plus military equipment purchases.
Donald Jr. and Eric Trump are investors in a new drone company targeting Pentagon contracts, with plans to go public on the Nasdaq, according to The Wall Street Journal.
The Trump administration has made domestic drone supply a national security priority, banning new models of Chinese drones—which had long dominated the consumer and commercial markets—and launching the Pentagon’s Drone Dominance initiative.
The program is earmarked to spend $1.1 billion procuring hundreds of thousands of American-made systems by 2027. That has opened a major commercial window in a sector that has historically been fragmented and starved of defense contracts.
https://finance.yahoo.com/news/trump-sons-launch-jaw-dropping-143459597.html
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