Trump sons' investments have won billions in Pentagon contracts since his election - ABC News

Trump sons' investments have won billions in Pentagon contracts since his election - ABC News
摘要: Trump sons' investments have won billions in Pentagon contracts since his election
The contract for a new plant in Baltimore is the latest linked to
正文
Trump sons' investments have won billions in Pentagon contracts since his election
The contract for a new plant in Baltimore is the latest linked to the brothers.
Nathan Lee
October 7, 2026, 7:56 AM
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.
The Trump administration announced the Navy will support $2.9 billion of the total cost to help create a new facility in Baltimore County, Maryland, that will manufacture critical parts for the Virginia-class nuclear-powered fast-attack submarine.
"In a tremendous victory for our country and for the city of Baltimore, Anduril is investing $3.7 billion in a state-of-the-art shipyard that will be known forever as Arsenal-2," Trump said at an event announcing the investment.
President Donald Trump and his sons Eric Trump, back left, and Donald Trump Jr., back, second right, and granddaughter Chole Trump, right, at the Irish Open at the Trump International Golf Links & Hotel in Doonbeg, Co Clare, during his trip to the Republic of Ireland on Saturday Sept. 12, 2026. PA Photo. Photo credit should read: Damien Eagers/PA Wire IRISH (Press Association via AP Images)
Damien Eagers/PA Wire IRISH Press Association via AP Images
"Right here in Sparrows Point, you'll build the next generation of American submarines, including autonomous subs, torpedo tubes, and critical components for our cutting edge Virginia-class attack submarines," Trump said.
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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