Nukkleus Responds to Trump's $25 Billion Investment in Missile Defense Initiative

Nukkleus Comments on Trump's Defense Initiative

Nukkleus Inc. (NASDAQ: NUKK), known for its strategic mergers and acquisitions within the Aerospace & Defense (A&D) sector, recently addressed the Trump Administration's significant announcement regarding a $25 billion investment allocated for developing a missile defense system, dubbed the 'Golden Dome'. This initiative seeks to enhance the United States' capability to respond to various missile threats, particularly those posed by adversarial nations like China, Russia, Iran, and North Korea. The objective is to establish an extensive defense mechanism to safeguard the nation from diverse missile threats, including hypersonic, ballistic, and cruise missiles.

In a statement, Menny Shalom, the CEO of Nukkleus, remarked, "As global geopolitical tensions escalate, military budgets are seeing marked increases. Recognizing the substantial potential in the evolving defense market, we have formulated a strategy aimed at creating an A&D holding company. This involves acquiring entities possessing crucial capabilities across the defense, aerospace, and advanced manufacturing verticals to build scale and value."

Earlier in the year, Nukkleus announced its first venture into this strategy by aiming to acquire a 51% controlling interest in Star 26 Capital Inc., which owns 100% of B. Rimon Agencies Ltd. This Israeli corporation specializes in supplying defense-related products, which include energy generators designed for Israel's 'Iron Dome' missile defense launchers. Shalom asserted that this acquisition would strategically position Nukkleus at the forefront of burgeoning opportunities within this dynamic sector, hinting at exciting developments in the near future.

However, it is essential to note that the acquisition is still pending and subject to shareholder approval, with no guarantees on its completion.

Nukkleus Inc.: A Focus on Strategic Growth

Established with a vision to strengthen national security, Nukkleus Inc. operates actively in both the United States and Israel, concentrating on Tier 2 and Tier 3 companies which form the foundation of industrial security infrastructure. The company's approach integrates operational prowess with financial discipline and a forward-looking vision aimed at modernizing and expanding pivotal suppliers. Moreover, Nukkleus is committed to fostering innovation through dual-use applications and maintaining resilient supply chains.

The company’s expansion strategy combines both organic growth and disciplined acquisitions, which is aimed at achieving transformative scale and embedding Nukkleus centrally within the modern defense industrial landscape of the 21st century.

Outlook and Forward-Looking Statements

This announcement possesses numerous forward-looking statements made pursuant to the safe harbor provisions of certain sections of federal securities laws. Such statements, while grounded in existing realities, are inherently subject to risks and uncertainties that include market volatility and unanticipated events beyond Nukkleus's control. Shareholders are cautioned against placing excessive reliance on these projections as they represent management's interpretations and expectations regarding future conditions.

For additional inquiry and updates regarding Nukkleus’s progress in the industry, stakeholders and interested parties may contact Investor Relations through Lena Cati at +1 212 836-9611 or Val Ferraro at +1 212 836-9612. As Nukkleus moves forward, it eagerly anticipates enlightening the public on its path to growth and development in this strategically significant market.