On April 23, 2026, Eric Trump appeared on Fox Business to promote Foundation Future Industries, a humanoid robotics startup where he is chief strategy adviser and an investor. Time reported in March that Foundation had won research contracts from the Army, Navy and Air Force totaling $24 million and an SBIR Phase 3 award, which recognizes it as an approved supplier for military procurement; some contracts came through its acquisition of another company, Boardwalk. Its Phantom humanoid robot has begun tests in Ukraine. “The uses are unlimited, and I think it's a very beautiful thing, but we must win this race,” Eric Trump said.
Eric Trump and Donald Trump Jr. “for months have been investing in companies with the goal of scoring lucrative Pentagon deals,” Common Dreams reported. No source shows the contracts were awarded because of his role, and he did not address how Foundation secured them.
The reaction was sharp. Sen. Elizabeth Warren: “Is the Pentagon just a cash machine for Trump's kids now?” Rep. Ilhan Omar: “The most corrupt first family of all time.” Sen. Ruben Gallego: “For your family the war in Iran means paying more. For Trump's family the war in Iran means making more.” Rep. Shontel Brown: “The Trump Family gets rich off of Trump's war. Working people get higher prices.” Ron Filipkowski of MeidasTouch said the president's son “was never involved in this industry before his father became president,” and the national security lawyer Bradley Moss advised Eric Trump to “preserve your records.” Raw Story reported social-media users comparing the deal to Hunter Biden's business dealings.
Correction (September 25, 2026): this entry misnamed the company (it is Foundation Future Industries), called it Eric Trump's firm and said it “lands” contracts after his March appointment (he advises and invests in it; Time reported the contracts in March, some inherited through an acquisition), and quoted a paraphrase from a social-media caption as his words; his words from Fox Business are now quoted. It presented a critic's claim as fact, tied the contract to a December 2025 drone ban that concerns a different product, said his largest customer is an agency reporting to his father (no source), described Bradley Moss's comment and the Raw Story coverage inaccurately, called Sen. Ruben Gallego a representative, and cited figures on Trump Media and the Costs of War project that no attached source contained. Those passages have been corrected or removed.