Washington, DC — Companies backed by President Donald Trump’s sons have received or been promised more than $6 billion in federal contracts since those investments were made, according to an ABC News analysis of government contracting records.
The largest example involves Anduril Industries, in which 1789 Capital — a venture firm listing Donald Trump Jr. as a partner — holds a major stake. The Trump administration announced this week that the Navy will support $2.9 billion of a $6.6 billion submarine-manufacturing project at Sparrows Point, Maryland. Since 1789 Capital’s investment, Anduril has also received about $1.8 billion through other federal contracts, ABC reported.
Other Trump-linked investments include drone manufacturers, rare-earth companies, quantum-computing firms and automated defense manufacturers. Hadrian, backed by 1789 Capital, later secured a $900 million Navy agreement, while Vulcan Elements received a $620 million government loan.
Congressional Democrats have asked the Pentagon inspector general to investigate whether conflicts of interest influenced contracting decisions.
The Pentagon says no company receives preferential treatment and that political connections play no role in awards. A spokesperson for Donald Trump Jr. and Eric Trump likewise denied wrongdoing, saying their investment decisions are independent and that neither brother participates in government procurement decisions.
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