economy Washington, United States
Trump family and allies gain AI-linked government business amid policy debate
620MUSD
Vulcan Elements received a $620 million Pentagon loan.
The article reports that companies linked to Donald Trump’s family and allies have won major federal contracts and financing as the administration resists new AI restrictions. The overlap has prompted scrutiny from lawmakers, ethics watchdogs and some administration officials.
1 sourceThe GuardianUpdated
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- 620MUSD
Vulcan Elements received a $620 million Pentagon loan.
“the Pentagon announced its $620m loan to Vulcan in December”
- 24MUSD
Foundation Future Industries received a $24 million Marine Corps contract.
“the $24m Marine Corps contract”
- 90MUSD
Powerus holds a $90 million Air Force contract.
“also holds a $90m air force contract”