On October 19, JPMorgan announced the one-year results of its “Security and Resiliency Initiative” (SRI), revealing that through its Strategic Investment Group (SIG), it has invested $5 billion in equity and facilitated over $230 billion in transactions to help strengthen industries, supply chains, and technologies supporting long-term national security and economic resilience.
As geopolitical tensions escalate and energy demands continue to rise, the vulnerability of supply chains poses ongoing challenges to the global economy. Governments and businesses around the world are increasingly focusing on ensuring they have the necessary industrial capacity, energy resources, key technologies, and workforce to support long-term economic growth and national security. In mid-October 2025, JPMorgan officially launched this initiative, integrating financing, investment, research, policy expertise, and cross-border coordination to address these challenges and enhance the foundation of economic resilience.
On October 19, JPMorgan announced the results of the initiative’s first year, disclosing that it has provided financing and facilitated over $230 billion in transactions, approximately 15% of the total initiative amount. The initiative spans a decade with a total amount of $1.5 trillion. Recent investment projects have supported areas such as next-generation defense technology, decentralized battery storage, automated manufacturing, and cutting-edge technology.
Led by renowned investor Todd Combs, the Strategic Investment Group utilizes JPMorgan’s own funds to invest in companies of long-term strategic importance and is responsible for executing direct equity investments under the “Security and Resiliency Initiative.”
Beyond financial investments, JPMorgan has introduced a series of complementary measures, such as hosting defense action forums and regional resilience summits to facilitate collaboration between industry and government leaders on topics like defense industrial capabilities, key industry development, and regional economic strengthening. JPMorgan also allocated $24 million to support labor training, supply chain development, and small business growth in the Philadelphia shipbuilding and maritime manufacturing industry.
The initiative has now expanded to Canada and Europe, with nearly one-third of the related activities conducted outside the United States over the past year. JPMorgan has also identified supply chain dependencies and industrial development bottlenecks through the analysis of seven key value chains, proposing reform directions in areas such as defense procurement, talent shortage, energy and grid modernization, industrial policies, and permit approvals. It aims to combine capital investment, international cooperation, and policy improvements to further strengthen the production capacity and long-term economic resilience of key industries.
In its second year, JPMorgan will focus on translating insights from value chain analysis into concrete actions, including supporting enterprises that can expand key capacities, establishing mechanisms for financing strategic projects, strengthening supplier and workforce ecosystems, and enhancing cross-border policy coordination.
JPMorgan has established a dedicated team for the SRI, with over 35 members, including 13 managing directors, supported by hundreds of bankers and other colleagues within the company.