A fund that counts President Donald Trump’s eldest sons as partners invested in a pair of small companies last year: a construction firm that builds Orange Theory Fitness locations and an operator of two Florida golf courses. Just a few months on, those investments look quite different. Both companies recently made abrupt pivots into drones – a technology playing a key role in the US and Israel’s war in Iran. In all, Trump’s sons have backed at least three drone companies since 2024 – all based in Florida, which is home to the US military’s Central Command and the president’s Mar-a-Lago estate. Since their father’s return to the White House, Donald Trump Jr and Eric Trump have leveraged the family’s status – and, on paper, made hundreds of millions of dollars – with a range of new deals and ventures in areas such as crypto. But few intersect as closely with government priorities as their push into drones. It isn’t clear exactly how much these investments are worth to the Trumps so far.…