Redbanksdog
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RE: The Fantastic Follies of the Failsons of trump
(10-07-2026 12:31 PM)Redwingtom Wrote: But...but...Hunter Biden got a job in Ukraine and sold some paintings.......
Quote:President donald trump announced a $6.6 billion investment with AI defense company Anduril Industries on Tuesday -- the most recent government funding agreement into a company with investment ties to the president's sons.
1789 Capital -- a venture capital firm that lists donald trump jr. as one of six partners along with three founders -- claimed a major stake in Anduril in June 2025 from a $2.5 billion investment into the company.
Since that investment, Anduril has been awarded 135 other contracts with the U.S. government and to date has received around $1.8 billion from those agreements, according to active defense contracts posted to SAM.gov, the official system for government contracting.
An ABC News analysis found defense companies backed by the president's sons, including Anduril, have now raked in more than $6 billion dollars in active or promised government contracts since those investments were made, according to the government's official contract reporting.
Shortly after trump won the presidency, donald trump jr. was named an adviser for Florida-based drone manufacturer Unusual Machines -- a company which had not previously won any government contracts.
In October 2025, Unusual Machines scored a direct U.S. Dept. of Defense agreement for 3,500 orders of National Defense Authorization Act-compliant motors, with a potential order of 20,000 on the way in 2026.
The trump brothers are also listed as "notable investors" for the U.S. drone company Powerus, the company announced in March 2026.
Despite not having any government contracts previously, Powerus won its first Air Force purchase order just one month later for an undisclosed amount.
In July, Powerus was awarded up to $90 million for aerial-denial unmanned aircraft systems from the U.S. Air Force.
trump-linked investments extend into the manufacturing industry, with the brothers combining for more than $1 billion across companies in mining, quantum computing and aerospace.
Oversight Democrats in their letter to the DoD criticized donald trump jr.'s portfolio in raw materials, citing an August 2025 investment into Vulcan Elements, a rare-earth mining company harvesting critical materials for defense manufacturing.
That same month, the Office of Strategic Capital loaned Vulcan Elements $620 million to expand its operation.
The firm also invested $60 million in Texas-based Firehawk Aerospace, according to firm portfolios provided by PitchBook. In the same month, Firehawk won a $4.9 million Air Force contract to "Advance Hybrid Rocket Engine Development," according to a company press release.
Firehawk would later secure tens of millions more -- $3.2 million in May 2026, an undisclosed "multimillion-dollar" contract with the Air Force Research Laboratory in July and $24 million in Dept. of Defense munitions contracts in August, according to company press releases and active contracts.
ABC News also found 1789 Capital raised $1 billion in revenue generation for California-based PsiQuantum in September of last year, with the company's pre-existing contract with DoD expanding by more than $157 million since then, according to SAM.gov.
PsiQuantum also signed a $100 million letter of intent with the Department of Commerce and another $125 million with the Defense Advanced Research Projects Agency in May and July of 2026.
eric trump said he was named chief strategy adviser for Foundation Future Industries, a humanoid robot startup with the stated aim to develop autonomous soldiers and workers.
eric trump touted a $24 million contract in April -- the company's first -- according to eric trump and CEO Sankaet Pathal's statements on Fox News. Pathal did not respond for comment on this contract or on trump's involvement with the company's operations.
ABC News found a $391 million 1789 Capital investment into Hadrian -- a highly automated, AI-driven manufacturing company -- in the early days of 2026.
The company won its first public contracts a few months later in March -- a $39.2 million agreement with the Army for machinery and manufacturing and a $900 million deal with the Navy to create highly automated submarine factories.
And then, the hilarity ensues...
Quote:A Pentagon official told ABC News, "No company receives preferential treatment. The War Department always looks for solutions to benefit the warfighter, not any pre-selected entity.
Quote:"don and eric are experienced business leaders who have built and invested in businesses across a wide range of industries for decades, long before their father first ran for public office. Their investment decisions are based solely on their independent business judgment and personal convictions
trump sons' investments have won billions in Pentagon contracts since his election
Well, look at you, posting something that turned out to be a lie. 
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| 10-10-2026 01:19 PM |
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