# JFB Construction Holdings and XTEND announce $1.5B business combination

JFB Construction Holdings will combine with XTEND in an all-stock transaction valued at $1.5 billion, creating a Nasdaq-listed AI-driven autonomous defense robotics company. The deal was announced on February 17, 2026.

- Type: Acquisition
- Announced: 2026-02-17
- Where: Tampa, Florida, United States
- Value: $1.50B
- Status: announced
- Products: AI-driven autonomous drones, defense robotics
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [JFB Construction Holdings](https://endata.com/companies/18662.md) (acquirer)
- [XTEND](https://endata.com/companies/18663.md) (target)

## Sources

- [markets.ft.com](https://markets.ft.com/data/announce/detail?dockey=1330-9655605en-1C91C0M7S5NTF0J3ID6H4NDJ5E), 2026-02-17: "The demand for systems that keep operators out of harm's way is growing exponentially."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.