What JFB does

JFB Construction Holdings is a Florida-headquartered (Lantana, FL) general contracting, construction management, and real estate development firm that has operated in the state's real estate market for over 40 years (since 1984) as a multi-generational Basile-family business. The company delivers projects across five service lines — commercial construction and tenant improvement, luxury residential and equestrian construction, construction management, land development, and hospitality construction — operating in 36 U.S. states with a state-certified general contractor license in 31+ states. It reports a cumulative track record of 5,000,000+ square feet of commercial buildout, $300+ million in luxury residential/equestrian work, and 1,000+ multifamily units developed, and claims that 100% of its projects are obtained through referrals and repeat customers. Named enterprise clients include Walmart, Save-A-Lot, European Wax Center, Staples, Choice Hotels, Avid Hotels, and Courtyard by Marriott, alongside government/education work such as an $18.9M Phase 1 DeSoto County high school contract (total ~$100M).

The company's revenue model is project-based and transactional: Q1 2026 revenue of $12,683,589 represented 115% year-over-year growth from $5,913,863 in Q1 2025, with a 119% year-over-year increase projected for Q4 2025. Pricing is quote-based and project-specific with no standardized tiers, and the company reported a Q1 2026 net loss of $3,257,616 as operating expenses rose to $4,723,744. JFB went public on Nasdaq in March 2025 under ticker JFB and operates as a low-headcount (11–50 employees) shell in which a $1.5B all-stock merger with Israeli defense-robotics company XTEND was announced on February 17, 2026. The merger — backed by $152M in strategic investment commitments from Eric Trump, Unusual Machines, American Ventures, Protego Ventures, Aliya Capital, and Agostinelli Group — will rename the combined entity XTEND AI Robotics and list under ticker XTND, pivoting JFB's identity toward NDAA-compliant U.S. manufacturing of XTEND's proprietary XOS AI operating system for autonomous defense robotics (10,000+ systems across 30+ countries, $71M backlog, ~$500M pipeline as of December 31, 2025). Closing is targeted for Q3 2026, and an amended S-4 registration statement was filed with the SEC on June 17, 2026.

Name

JFB

Legal name

JFB Construction Holdings

Website

https://jfbconstruction.net

Company type

Public

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

JFB Construction Holdings is a Florida-based general contractor and real estate developer operating across 36 U.S. states, executing commercial, luxury residential, hospitality, and land-development projects for enterprise clients; it is now pivoting into AI-driven autonomous defense robotics via a pending $1.5B all-stock merger with Israel's XTEND.

Ownership category

akta.pro rank

Product category

Construction Services

NAICS

Land Subdivision (23721), Industrial Building Construction (23621)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Design-Build / EPC General Contracting (IMAFAAAD)

Keywords

• Commercial construction services
• Construction management
• Luxury residential building
• Land development
• Hospitality construction

Headquarters

HQ city

Lantana

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. General Contracting & Construction Management Services: Revenue generated from commercial construction, tenant improvement, luxury residential/equestrian construction, hospitality construction, and land development projects. Revenue is project-based/transactional, with Q1 2026 revenue of $12,683,589 representing 115% YoY growth.
2. Real Estate Development & Land Sales: Revenue from real estate development projects, including vertical construction of 79 townhouses in Port Salerno, Florida, and a Courtyard Marriott in Olive Branch, Mississippi (with 25% ownership interest). Long-cycle development revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

JFB Construction & Development is a general contractor and construction management firm delivering commercial construction and tenant improvement, luxury residential and equestrian construction, hospitality construction, and vertically integrated land development services across 36 U.S. states. The company is a State Certified General Contractor in 31+ states and offers in-house design, engineering, construction, financing, and leasing/sales expertise. Through a pending $1.5 billion all-stock merger with XTEND, the company is pivoting into NDAA-compliant U.S. manufacturing of XOS-based autonomous defense robotics.

Product overview

JFB Construction Holdings is a Florida-headquartered (Lantana, FL) general contracting, construction management, and real estate development firm operating as a portfolio of construction-related service offerings rather than a unified software platform. The core portfolio is organized around five service lines exposed via the website's main navigation: Commercial Construction & Tenant Improvement, Luxury Residential & Equestrian Construction, Construction Management, Land Development, and Hospitality. The company reports providing general contracting and construction management services across 36 U.S. states, with 5,000,000+ SF of commercial buildout, $300+ million in luxury residential/equestrian construction, and 1,000+ multifamily residential units developed. As of 2026, JFB Construction Holdings has entered into a definitive $1.5B all-stock merger agreement with XTEND (announced February 17, 2026) under which the combined entity will be renamed XTEND AI Robotics and listed on Nasdaq under ticker XTND — pivoting JFB's identity toward NDAA-compliant US manufacturing of XTEND's XOS-based autonomous defense robotics; that merger has not yet closed within the source data. JFB Construction Holdings itself does not currently expose a software product, API, or AI/ML product surface.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Construction & Tenant Improvement Full-scope commercial contracting offering conceptual estimating, pre-construction, demolition, design-build, second-generation remodels, open-store remodels, general contracting, ground-up construction, site work, supervision, proforma development, critical path and value-add strategies, cost/schedule management, and progress reporting for tenant improvement, shopping centers, and office buildings across multiple U.S. states. National retail and corporate clients include Walmart, Save-A-Lot, European Wax Center, and Staples.
• Luxury Residential & Equestrian Construction and Remodeling Custom luxury home building, interior renovations, and equestrian facility construction in Florida's most prestigious communities. Includes interior design, design-build, value engineering, new construction, and renovation/remodel services. JFB has delivered over $300 million in luxury residential and equestrian construction and remodels.
• Construction Management Hands-on construction management across the East Coast for commercial and residential projects of all sizes. Provides single-contract accountability, architect/engineer integration, fast-tracking, integrated project plans, enhanced bidding, early cost-overrun identification, and optional guaranteed maximum price contracts.
• Land Development Vertically integrated real estate development in Florida for over 40 years. Covers site acquisition, zoning/entitlements, business planning, capital stack structuring, architect/engineer team building, entitlements and permitting, in-house general contracting, and lease-up/sales stabilization through in-house design, engineering, construction, financing, and leasing/sales experts. Includes projects such as 79 townhouses in Port Salerno, FL and 1,000+ multifamily units.
• Hospitality Construction Hospitality construction services including branded select-service and limited-service hotels (Avid Hotels, Comfort, Choice Hotels, Courtyard by Marriott, Hotel Bloom) covering new build, renovation, and tenant improvement. Notable projects include the Avid Hotels Conyers, GA; Choice Hotels (Comfort) projects; and Courtyard by Marriott — Germantown and Olive Branch, MS (the latter with 25% ownership interest).

Quantifiable outcome

• 115% revenue growth in Q1 2026 vs Q1 2025
• +5 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered major — supports joint go-to-market for counter-uas solutions combining xtend's scorpio 1000 with parazero's defendair., minor — legal advisor to xtend on the merger., flagship — central to jfb's strategic pivot into defense technology and a complete business redefinition., moderate — investor relations partner for jfb. and minor — transfer agent for jfb..

• ParaZero Technologiesmajor — supports joint go-to-market for counter-uas solutions combining xtend's scorpio 1000 with parazero's defendair.Strategic or Co-development Partner · 26 March 2026Strategic partnership to integrate ParaZero's DefendAir net-launching system with XTEND's Scorpio 1000 drone platform, enabling fully autonomous drone interception including detection, tracking, and high-speed pursuit with net capture. The combined system provides counter-UAS capabilities for battlefield and urban environments.
• Sorainenminor — legal advisor to xtend on the merger.Implementation/ SI/ Consulting Partner · 18 March 2026Sorainen advised XTEND on the merger agreement with JFB Construction Holdings. The deal involves drone technology and construction sectors. Further deal details were not disclosed.
• XTEND (Xtend Reality Expansion Ltd.)flagship — central to jfb's strategic pivot into defense technology and a complete business redefinition.Strategic or Co-development Partner · 17 February 2026XTEND is an Israeli AI-powered defense robotics company and the merger partner in JFB's $1.5B all-stock business combination. XTEND develops the proprietary XOS operating system for autonomous drone and robotic systems. The merger will result in a combined company renamed XTEND AI Robotics, trading on Nasdaq (later reported as NYSE) under XTND. XTEND shareholders will own ~70% and JFB shareholders ~30% of the combined entity. XTEND brings over 10,000 systems deployed across 30+ countries, a $71M backlog, and ~$500M pipeline. Merger expected to close Q3 2026.
• COREIRmoderate — investor relations partner for jfb.Implementation/ SI/ Consulting PartnerCOREIR is JFB Construction Holdings' investor relations firm of record, contactable at +1 (516) 222-2560 and www.coreir.com.
• ClearTrustminor — transfer agent for jfb.Implementation/ SI/ Consulting PartnerClearTrust is JFB Construction Holdings' transfer agent, contactable at +1 (813) 235-4490 and [email protected].

Scale indicators13 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Anduril Industries: Leading venture-backed defense AI/autonomy company with broad counter-UAS, autonomous air, and software offerings. Competes with XTEND in the DoD and allied autonomous systems market at greater scale and capital base.
• MasTec: Large-cap diversified infrastructure construction firm (NYSE: MTZ) including commercial and utility-scale projects across many U.S. states, broadly comparable to JFB's general contracting scale and footprint.
• Shield AI: AI-pilot and autonomous drone company (Hivemind, V-BAT) competing across ISR and autonomous air domains with significant venture funding. Adjacent competitor in DoD autonomy programs.

Direct peers

• Tutor Perini: U.S. public civil and commercial construction contractor (NYSE: TPC) with multi-state operations and large government project experience, comparable to JFB's commercial contracting and government project portfolio.
• Kratos Defense & Security Solutions: U.S. defense prime (NASDAQ: KTOS) building target drones, jet-powered UAVs, and counter-UAS systems. Directly comparable on DoD autonomous systems procurement and tactical drone competition.
• AeroVironment: U.S. public defense drone and loitering munition manufacturer (NASDAQ: AVAV) competing for the same DoD Drone Dominance Program and allied tactical UAV contracts that XTEND targets. Most direct peer on autonomous air systems for defense.
• Granite Construction: U.S. public infrastructure and commercial construction company (NYSE: GVA) comparable to JFB's core commercial buildout and tenant improvement business across multiple U.S. states.
• Red Cat Holdings: Smaller-cap military drone platform provider (NASDAQ: RCAT) focused on tactical ISR and short-range reconnaissance. Competes with XTEND for U.S. Army and special forces drone awards.
• Unusual Machines: U.S. drone components and FPV manufacturer (NYSE: UMAC) and a strategic investor in the JFB-XTEND merger. Competes for Pentagon drone procurement with U.S.-manufactured components aligned with NDAA sourcing requirements.

Emerging players

• ParaZero Technologies: Drone safety and counter-UAS net-launching (DefendAir) company that partnered with XTEND in March 2026 to integrate counter-UAS capabilities. Closely tied to XTEND's product roadmap and a relevant emerging peer in autonomous interception.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php?id=61550965622641
• LinkedInlinkedin.com/in/jfb-construction-433ab625
• Xx.com/jfbconstruction

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about JFB