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New drone maker partly owned by Trump sons hopes to win Pentagon contracts [View all]
https://apnews.com/article/drones-eric-donald-trump-powerus-iran-defense-089bff3892f921a10ef4ec785308e716New drone maker partly owned by Trump sons hopes to win Pentagon contracts
By BERNARD CONDON
Updated 3:13 PM CDT, March 11, 2026
NEW YORK (AP) — Among dozens of companies competing for Pentagon contracts to supply attack drones, one stands out.
Powerus is flush with cash and ballooning in size as it buys up rivals and has one other advantage: It is partly owned by President Donald Trump’s two oldest sons.
The Trump family has drawn criticism for expanding its real estate business into foreign countries that are trying to curry favor with the president and for making billions of dollars off cryptocurrency ventures benefiting from his policies. Grabbing less attention are new ownership stakes in federal contractors providing everything from rocket parts and rare earth magnets to AI chips and computer hardware.
The latest Trump venture is hoping to win some of the $1.1 billion set aside by the Pentagon to build up a U.S. manufacturing base for armed drones now that the Trump administration put a ban on importing them from China.
Powerus says there is no problem with it bidding for government money that could make the president’s sons richer.
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Hegseth will personally approve the contracts ASAP
9 replies
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