# JFB Construction Holdings to combine with XTEND in $1.5B deal

JFB Construction Holdings has entered into a definitive agreement to combine with XTEND in an all-stock transaction valued at $1.5 billion, creating a Nasdaq-listed leader in AI-driven autonomous defense robotics. The combined company will be headquartered in Tampa, Florida.

- Type: Acquisition
- Announced: 2019-05-14
- Where: Tampa, Florida, United States
- Value: $1.50B
- Status: announced
- Products: AI-driven autonomous defense and security systems, drones
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

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

## Sources

- [markets.financialcontent.com](https://markets.financialcontent.com/pennwell.industriallaser/article/gnwcq-2026-2-17-jfb-and-xtend-announce-15b-business-combination-to-establish-a-nasdaq-listed-us-leader-in-ai-driven-autonomous-defense-robotics), 2019-05-14: "The business combination is further supported by strategic investments from Eric Trump, Unusual Machines, American Ventures, LLC, Protego Ventures, and Aliya Capital."

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