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JPMorganChase Unveils $1.5T Security & Resiliency Initiative

Roman Tiraspolsky | Shutterstock

GovCon Wire – JPMorganChase has launched a 10-year, $1.5 trillion initiative to invest in industries deemed critical to the country’s defense, infrastructure and technological advancement as part of efforts to strengthen U.S. economic and national security. The financial services firm said Monday the Security and Resiliency Initiative will make direct equity and venture capital investments of up to $10 billion in U.S.-based companies to advance strategic manufacturing and drive innovation and growth.

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