Jamie Dimon says it is ‘frustrating’ to hear America is behind in defence tech

JPMorgan Chase CEO Jamie Dimon voiced frustration regarding US defense technology perceptions. The bank launched a $1.5 trillion Security and Resiliency Initiative for national security industries. This program now includes Canada, Europe, and the United Kingdom. The initiative supports aerospace, defense, manufacturing, energy, and health tech sectors. The bank is investing significant capital and personnel into this critical effort.