{
  "id": 7983724,
  "title": "US giant powers Pakistan’s defence ambitions",
  "url": "https://urgent.news/2026/09/17/us-giant-powers-pakistans-defence-ambitions",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-17T07:51:46.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/news/defence/us-drone-maker-powerus-signs-pakistan-army-mou-gets-initial-order/articleshow/134305268.cms"
  },
  "original_language": "en",
  "account": "U.S. drone manufacturer Powerus has inked a memorandum of understanding (MoU) with Pakistan's Army, marking a significant step in the country's defense ambitions. The deal includes an initial order for unmanned aerial systems, though details remain confidential due to security concerns, according to Brett Velicovich, Powerus co-founder. Powerus intends to merge with Aureus Greenway Holdings, a publicly traded company backed by Donald Trump Jr and Eric Trump. The combined entity is expected to finalize the merger in early October. Donald Trump Jr and Eric Trump, through their investment firm American Ventures, are expected to hold a 9.9% beneficial stake in the merged company. Powerus and Pakistan's military discussed defense procurement, production, and capacity building during a meeting. The move comes as United States and Pakistan warm relations, with President Donald Trump praising Pakistan's Army Chief Syed Asim Munir. Andrew Fox, Powerus CEO, sees Pakistan's defense sector as emerging but not yet mature, suggesting opportunities for joint technology ventures with the U.S. Powerus denies any involvement from the Trump sons in the business or procurement processes. The White House maintains that there are no conflicts of interest.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "Pakistan committed to Saudi defence agreement in ‘intent and spirit’: FO",
        "url": "https://urgent.news/2026/09/17/pakistan-committed-to-saudi-defence-agreement-in-intent-and-spirit-fo",
        "published": "2026-09-17T08:37:05.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}