What Happened
Rapid Rise Of Powerus Sparks Concerns Over Defense Innovation
A newly established American drone company, Powerus, has reportedly grown into a $300 million enterprise within months, sparking concerns about defense innovation, political connections, and procurement transparency. The company, backed by Donald Trump Jr. and Eric Trump, has secured multimillion-dollar contracts in the US and overseas. Powerus’s leadership includes Brett Velicovich, a former soldier and drone industry advocate who publicly supported the administration’s plans to invest in American military drone capabilities. This development was first reported by The Wall Street Journal.