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Eric Trump Backs $1.5B Drone Merger Amid U.S.-Israel Conflict

3/28/2026

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Story summary
  • Eric Trump invested in a merger between Israeli drone company XTEND and U.S. firm JFB Construction Holdings, valued at $1.5 billion, to create a Nasdaq-listed leader in AI-driven defense robotics.
  • The merger was announced on February 17, 2026.
  • The U.S. and Israel attacked Iran on February 28, 2026.
  • Donald Trump Jr. is linked to the drone sector through his involvement with Unusual Machines.