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 on Wednesday 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—has scored a $620 million loan from the Pentagon as part of “a $1.4 billion deal to increase the supply of magnets for industries alongside partner ReElement Technologies.”

  • Corkyskog@sh.itjust.works
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    2 days ago

    Some Billionaire will bribe Trump to do it so Democrats can’t prosecute. Maybe they will all chip in like a billionaire to fund me. None of them are going to want people in court spilling the beans.