https://www.aljazeera.com/economy/2026/2/17/us-presidents-son-eric-trump-invests-in-drone-maker-with-govt-contracts
United States President Donald Trumps son Eric is investing in an Israeli drone manufacturer, prompting renewed conflict-of-interest concerns as the Trump family expands its business holdings during its patriarchs second term as president.
Eric Trump is investing in a $1.5bn merger between Israeli drone maker Xtend and Florida-based JFB Construction Holdings, a small construction company, in a deal aimed at taking Xtend public this year, JFB said in a news release on Tuesday.
Drone maker Unusual Machines, which tapped Erics brother Donald Trump Jr in November 2024 as an adviser, is also investing in the merger, JFB said. JFB builds commercial and residential properties, including multifamily communities and shopping centres.
Xtend touts its drones as low cost per kill, which has appealed to the US Department of Defense. In November, the firm said it had solidified a multimillion-dollar contract with the Pentagon but did not disclose the contracts value.