Bangladesh, Feb. 19 -- A major new investment involving the Trump family and an Israeli drone manufacturer is drawing attention across defense, financial, and political circles in Washington and beyond. According to a report by the The Wall Street Journal, Eric Trump, the second son of Donald Trump, is backing Israeli drone producer Xtend as part of a $1.5 billion transaction expected to take the firm public through a merger with JFB Construction.

The deal underscores the accelerating intersection of geopolitics, emerging defense technologies, and private capital – particularly at a time when unmanned aerial vehicles (UAVs) are redefining battlefield doctrine.

Xtend has positioned itself as a next-generation drone developer specia...