President Donald Trump announced a $6.6 billion investment with AI defense company Anduril Industries on Tuesday, marking the most recent government funding agreement involving a firm with investment ties to the president’s sons, ABC News reports. This massive deal includes $2.9 billion from the Navy to construct a new facility in Baltimore County, Maryland. This site is slated to manufacture essential components for Virginia-class nuclear-powered fast-attack submarines. During the event, Trump noted that the shipyard will be known as Arsenal-2. He stated, “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.” The financial link between the president’s family and these defense contractors is significant. 1789 Capital, a venture capital firm that lists Donald Trump Jr. as one of six partners, claimed a major stake in Anduril in June 2025 through a $2.5 billion investment. Since that time, Anduril has secured 135 additional government contracts worth around $1.8 billion. Analysis shows that defense companies backed by the president’s sons have now received more than $6 billion in active or promised government contracts since those investments were made. This trend has caught the attention of Congressional Oversight Democrats Lawmakers including Richard Blumenthal, Elizabeth Warren, Robert Garcia, and Tammy Duckworth sent a letter to Pentagon inspector general Platte B. Moring, III in May. They demanded an investigation, writing, “Refusal to investigate these serious allegations will raise significant concerns about wheter your office is able to perform its statutory duty as an independent watchdog over DoD.” An ABC News analysis found defense companies backed by President Trump's sons have now raked in more than $6 billion dollars in active or promised government contracts since those investments were made, according to government data.Read more: https://t.co/yA9TfKWGpT pic.twitter.com/0WadlhgmGi— ABC News (@ABC) October 7, 2026 The pattern extends beyond Anduril. Florida-based drone manufacturer Unusual Machines, where Donald Trump Jr. serves as an adviser, secured a direct Department of Defense agreement in October 2025 for 3,500 motors. Similarly, the drone company Powerus, which lists the Trump brothers as notable investors, won its first Air Force purchase order in April 2026, just one month after their investment was announced. By July, Powerus had been awarded up to $90 million for aerial-denial unmanned aircraft systems. In the manufacturing and tech sectors, 1789 Capital invested $60 million in Firehawk Aerospace. Following that investment, the company secured multiple contracts, including a $24 million munitions deal in August 2026. Additionally, PsiQuantum saw its pre-existing Department of Defense contract expand by more than $157 million after 1789 Capital raised $1 billion for the company in September of last year. In the automation space, Eric Trump serves as chief strategy adviser for Foundation Future Industries, a startup that landed its first $24 million contract in April. A spokesperson for the Trump brothers denied any wrongdoing, stating that the brothers are experienced business leaders whose investment decisions are based on independent judgment. The spokesperson added, “Attempts to portray their ordinary investment activities as improper are a deliberate distortion of the facts.” A Pentagon official also commented that outside affiliations play no role in funding decisions, noting that the department looks for solutions to benefit the warfighter. Meanwhile, the White House declined to comment on the situation.