Feb 19 • 11:39 UTC 🇷🇺 Russia RT

Trump’s son invests in ‘low cost per kill’ drones – WSJ

Eric Trump is investing in an Israeli drone manufacturer as part of a significant funding deal.

Eric Trump, the son of former US President Donald Trump, is reportedly making headlines with his investment in the Israeli drone company Xtend, according to the Wall Street Journal. This financial move comes in the context of a larger $1.5 billion deal that aims to prepare Xtend for a public offering through a merger with a construction firm based in Florida. The investment highlights the growing interest in unmanned aerial vehicles (UAVs) as a strategic asset amidst escalating global geopolitical tensions, particularly in defense sectors.

Analysts have pointed out that the collaboration between Eric Trump and Xtend underscores the increasing reliance on drones for military and defense operations, especially noted for capabilities in intelligence, surveillance, and precision strikes. The devices, marketed by Xtend as “low cost per kill” munitions, have already gained a reputation through their utility demonstrated in conflicts like the recent military actions in Gaza. This branding reflects a new trend in military expenditures, focusing on affordability and efficiency while adhering to US defense policies aimed at maintaining competitive edges.

The implications of such investments in the arms industry by family members of political figures raise questions about the intertwining of private interests and public responsibilities, particularly in defense contracting. As drone technology becomes more sophisticated and its applications more widespread, the ethical considerations behind such investments will likely attract scrutiny from various stakeholders, including regulatory and international watchdogs, thereby shaping the narrative surrounding military engagements and defense strategies moving forward.

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