JPMorgan Chase & Co. has announced a $1.5 trillion Security and Resiliency Initiative, a 10-year program aimed at strengthening the United States’ strategic industries vital to national security. As part of this initiative, the bank will invest up to $10 billion in direct equity and venture investments to support sectors including advanced manufacturing, defense and aerospace, energy independence, and frontier technologies.

Announcing the plan on Monday, CEO Jamie Dimon underscored the urgency of reducing America’s dependence on foreign sources for essential resources. “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,” Dimon said.

He further added that the initiative will focus on ensuring reliable access to life-saving medicines and critical minerals, strengthening national defense, and building energy systems to meet AI-driven power demand. The program also aims to advance technologies across semiconductors, data centers, and frontier computing, sectors viewed as critical for both economic competitiveness and defense preparedness.

Through this initiative, JPMorgan aims to leverage its capital and strategic partnerships to promote supply chain resilience, enhance domestic production capacity, and support innovation-led growth. The move aligns with broader U.S. efforts to secure critical infrastructure and reduce vulnerabilities exposed during global supply chain disruptions in recent years.