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Brokers representing President Donald Trump purchased between $9.7 million and $24.3 million in stocks from a dozen arms manufacturers and other Pentagon contractors in 2025, including Palantir, Lockheed Martin, and General Dynamics, according to an RS analysis of a new financial disclosure released by the president last week.

The disclosure comes as the Trump administration launches new strikes on Iran, oversees a historic weapons stockpiling effort at home, and calls for a $1.5 trillion defense budget, all of which benefit many of the companies in which he has invested.

Trump’s brokerage firms are prohibited from accepting trade requests from the president and his family. However, he has not put his assets into a blind trust, meaning Trump could know what stocks he owns and influence policy to benefit those companies. His income quadrupled from 2024 to 2025, his first year in office.

According to the filing, Trump’s brokers purchased between $1.6 and $3.9 million in stock of Palantir, the surveillance technology company that developed Maven Smart System, the AI system used to strike 1,000 targets in Iran in the first 24 hours of the war. Palantir has been a key beneficiary of the Trump administration’s embrace of artificial intelligence, earning a $10 billion contract last year to handle the Army’s “software and data needs” for the foreseeable future.

The president also acquired up to $3 million in stock from GE Aerospace, which manufactures parts for a wide variety of aircraft used by the U.S. and Israel in their attacks on Iran; up to $1.4 million in stock from Lockheed Martin, which manufactures F-35 and F-22 jets deployed against Iran; up to $1 million in stock from General Dynamics, which manufactures heavy bombs and missiles used in attacks on Iran; and more than $800,000 in stock from RTX, which manufacturers the Tomahawk missiles used in the strike that killed more than 120 schoolgirls in Iran.

Warren Catches........

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