Jamie Dimon has set his sights on rebuilding America’s industrial backbone. On Monday, the JPMorgan CEO unveiled a massive $1.5 trillion initiative designed to protect U.S. dominance in critical economic and security sectors over the next decade. Calling it the Security and Resiliency Initiative, Dimon said the program would include $10 billion of JPMorgan’s own capital and aim to reduce U.S. dependence on unreliable foreign sources for key resources and technologies.
“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 in a statement. “We need to act now.”
The plan outlines four major areas of investment defense and aerospace, frontier technologies, energy technology, and supply chain and advanced manufacturing each chosen for its strategic role in safeguarding the U.S. economy and maintaining technological superiority.
In the defense and aerospace category, JPMorgan will prioritize command-and-control technologies, space launch systems, secure communications, unmanned systems, hypersonic weapons, and advanced munitions. The initiative will also fund development in areas like 6G, satellite networks, and mesh communications systems to ensure U.S. military and intelligence capabilities remain unmatched.
The frontier technologies division will concentrate on cybersecurity, artificial intelligence, quantum computing, sensor hardware, and edge computing. Dimon’s announcement specifically called these the next battlegrounds for global power sectors that determine how secure and autonomous a nation’s digital and data infrastructure can be.
Under the energy technology segment, the bank will direct investment toward nuclear power, grid resilience, distributed energy solutions, solar innovation, and large-scale battery storage. With the energy transition accelerating worldwide, Dimon emphasized that ensuring stable and independent power generation is essential to both U.S. industry and national security.
Finally, supply chain and advanced manufacturing will see investment in critical mineral mining, nanomaterials, pharmaceutical precursors, shipbuilding, and advanced robotics. The goal is to bring back mission-critical production capacity to U.S. soil and reduce exposure to geopolitical risks in global supply chains.
“Hopefully, once again, as America has in the past, we will all come together to address these immense challenges,” Dimon said. “We need to act now.”
For investors watching this monumental shift, several exchange-traded funds (ETFs) highlight the same industries JPMorgan is focusing on. In defense and aerospace, the iShares Dow Jones U.S. Aerospace & Defense ETF (ITA) includes major holdings such as General Electric (21%), RTX Corporation (14.8%), and Boeing (8%).
For frontier technologies like AI and quantum computing, the Roundhill Generative AI & Technology ETF (CHAT) features companies including Nvidia (8%), Alphabet (5.3%), and Oracle (4.2%).
The energy component aligns with ETFs like VanEck Uranium & Nuclear ETF (NLR), iShares Energy Storage & Materials ETF (IBAT), and Invesco Solar ETF (TAN), with holdings in Constellation Energy, Cameco Corp., Bloom Energy, and First Solar.
In supply chain and advanced manufacturing, the TCW Transform Supply Chain ETF (SUPP) mirrors JPMorgan’s strategy, with holdings in Nvidia (8.2%), Waste Connections (7.4%), and Martin Marietta (6.7%).
Dimon’s plan marks one of the most ambitious private-sector commitments to reindustrialize America in decades. By aligning finance with national resilience, JPMorgan aims to position itself as both an economic engine and a strategic partner in ensuring the United States remains at the forefront of global innovation and defense capability.
