JPMorgan to Deploy Up to $1.5 Trillion Over Decade Into Defense, Aerospace and National-Security Tech
- CEO Jamie Dimon is launching the Security and Resiliency Initiative (SRI), under which JPMorgan plans to deploy up to $1.5 trillion over 10 years into defense, aerospace and advanced-tech sectors, taking direct equity stakes rather than just lending or advising (WSJ).
- The shift puts the country's largest bank more directly in the industrial-policy business, backing U.S. weapons production and supply-chain security at a time of rising geopolitical stress.
- It comes as Trump pressures contractors to ramp up output and as Defense Department budgets remain a rare bipartisan growth line item.