Another Trump Jr.-Backed Company Receives Massive Pentagon Deal

Another Trump Jr.-backed company receives massive Pentagon deal

For the second time this year, a little-known company backed by Donald Trump Jr. has scored a major contract with the US Department of Defense. The Financial Times reported that Vulcan Elements—a tiny startup of 30 employees that specializes in producing rare-earth magnets used in drones, radars and other pieces of military equipment – scored a $620 million loan from […] The post Another Trump Jr.-backed company receives massive Pentagon deal ap…

Don Jr. Sparks Outrage After Startup Company He Backed Scores Massive Contract With Pentagon

Donald Trump Jr. is facing criticism after The Financial Times reported that Vulcan Elements, a startup he backed, scored a $620 million government contract with the Department of Defense.The company said the deal falls under a broader $1.4 billion collaboration with the federal government and ReElement Technologies aimed at scaling up U.S. magnet production and strengthening the domestic supply chain.Trump Jr. became a partner at 1789 Capital i…