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The Independent UK
The Independent UK
National
Michelle Chapman

JPMorgan to invest up to $10 billion in US companies with crucial ties to national security

JPMorgan National Security United States JPMorgan Chase Jamie Dimon MP Materials
JPMorganChase US Focused Investments - (Copyright 2019 The Associated Press. All rights reserved)

JPMorgan Chase will directly invest up to $10 billion in U.S. companies with crucial ties to national security.

The investment plan revealed Monday will focus on four areas: supply chain and advanced manufacturing in critical minerals, pharmaceutical precursors and robotics; defense and aerospace; energy independence, with investments in battery storage and grid resilience; and strategic technologies, including artificial intelligence, cybersecurity and quantum computing.

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