JPMorgan Chase, the largest bank in the United States, has unveiled an ambitious plan to directly invest up to $10 billion in American companies that play pivotal roles in the nation’s security. Announced on October 13, 2025, this initiative is part of a sweeping, decade-long effort to bolster industries critical to the country’s safety and self-reliance—an effort that JPMorgan calls its Security and Resiliency Initiative.
The details, as reported by multiple outlets including The Associated Press and Reuters, lay out a broad and determined strategy. The investment will focus on four main areas: supply chain and advanced manufacturing—especially in critical minerals, pharmaceutical precursors, and robotics; defense and aerospace; energy independence, with a specific emphasis on battery storage and grid resilience; and strategic technologies such as artificial intelligence, cybersecurity, and quantum computing. These sectors, JPMorgan argues, are not just important for economic growth but are essential for safeguarding the nation’s future.
“It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products and manufacturing – all of which are essential for our national security,” said Jamie Dimon, JPMorgan Chase’s Chairman and CEO, in a statement published by Bloomberg. He added, “Our security is predicated on the strength and resiliency of America’s economy. America needs more speed and investment.”
This isn’t just talk. The Security and Resiliency Initiative is a $1.5 trillion, 10-year plan to facilitate, finance, and invest in industries that are vital to national security. The $10 billion direct investment is only the tip of the iceberg: over the next decade, JPMorgan plans to finance approximately $1 trillion in support of clients operating in these key sectors. And the bank isn’t stopping there—it aims to increase this amount by up to $500 billion, a 50% bump, through additional resources and capital, according to CNBC.
Why such urgency? The last few years have made the vulnerabilities in America’s supply chains and industrial base glaringly obvious. Global disruptions, geopolitical tensions, and growing competition from other world powers have all contributed to a sense that the U.S. has lost some of its edge—and its independence—in areas that matter most. The reliance on foreign sources for critical minerals, for example, has become a national talking point. The COVID-19 pandemic only heightened concerns about the fragility of pharmaceutical supply chains and the risk that comes with offshore manufacturing.
JPMorgan’s plan is designed to address these weaknesses head-on. The bank’s investment will target companies that can help re-shore manufacturing, develop advanced technologies, and strengthen the backbone of the American economy. This summer, as part of this broader push, JPMorgan played a key role in brokering a deal in which the U.S. Defense Department agreed to invest $400 million in MP Materials, a rare earth company based in the United States. The bank is also providing financing for MP Materials’ second magnet-producing factory in the country. These magnets are essential components in everything from electric vehicles to advanced defense systems.
“America needs more speed and investment,” Dimon emphasized, repeating a phrase that has become something of a rallying cry for the initiative. But he also pointed to the obstacles standing in the way of progress: “It also needs to remove obstacles that stand in the way: excessive regulations, bureaucratic delay, partisan gridlock and an education system not aligned to the skills we need.”
The scale of JPMorgan’s reach is hard to overstate. According to the bank, it serves 34,000 mid-sized companies and more than 90% of the Fortune 500. This gives JPMorgan a unique vantage point—and a powerful lever—to influence the direction of American industry. To ensure the success of the Security and Resiliency Initiative, the bank plans to hire more bankers, investment professionals, and other experts who can help identify and support the most promising opportunities. It’s not just about money; it’s about expertise, guidance, and long-term commitment.
In addition, JPMorgan will create an external advisory council, bringing together leaders from both the public and private sectors to help guide the long-term strategy. The idea is to ensure that the initiative remains responsive to evolving threats and opportunities—and that it benefits from the best thinking across industries and government.
The move comes at a time when the intersection of business and national security is under intense scrutiny. Both policymakers and industry leaders have been pushing for greater resilience in supply chains, especially in areas where the U.S. faces strategic vulnerabilities. The Biden administration, for example, has made domestic manufacturing and clean energy a centerpiece of its economic agenda. Meanwhile, Congress has debated a range of measures to incentivize investment in critical sectors and reduce dependence on foreign suppliers.
JPMorgan’s plan dovetails with these broader policy efforts, but it also reflects a growing recognition in the private sector that national security is not just the government’s business. As Jamie Dimon put it in his statement, “Our security is predicated on the strength and resiliency of America’s economy.” In other words, the health of the nation’s industrial base is a matter of national defense—and big banks like JPMorgan have a role to play.
Of course, the initiative is not without its critics. Some observers worry that the focus on national security could lead to overinvestment in certain sectors at the expense of others, or that it could open the door to unnecessary government intervention. Others argue that the private sector alone cannot solve the deep-seated challenges facing American industry, from workforce shortages to regulatory hurdles. Still, few dispute the need for action. The vulnerabilities exposed in recent years have made it clear that business as usual is no longer an option.
For the companies that stand to benefit from JPMorgan’s investments, the stakes are high. Access to capital, expertise, and strategic guidance could make the difference between leading the next wave of innovation or being left behind. For the broader economy, the hope is that this influx of investment will spur job creation, technological advancement, and a renewed sense of confidence in America’s ability to compete on the world stage.
As the Security and Resiliency Initiative gets underway, all eyes will be on JPMorgan to see whether its bold bet pays off. With $10 billion in direct investments, $1.5 trillion in planned financing, and a commitment to reshaping the country’s industrial landscape, the bank is making a clear statement: national security and economic strength go hand in hand, and the time for action is now.
In a world where the lines between economic policy and national defense are increasingly blurred, JPMorgan’s move may prove to be a watershed moment—one that sets the tone for how the private sector engages with America’s most pressing challenges in the years to come.