CNBC July 15, 2026 • 13:45

‘Arsenal of democracy’: Jamie Dimon announces $24 million effort to boost American shipbuilding - CNBC

By Hugh Son

‘Arsenal of democracy’: Jamie Dimon announces $24 million effort to boost American shipbuilding - CNBC

JPMorgan Chase CEO Jamie Dimon unveiled a $24 million package to bolster American shipbuilding, funding a new submarine facility at the Philadelphia Navy Yard.

JPMorgan Chase CEO Jamie Dimon on Wednesday announced a $24 million effort to help revive American shipbuilding, his latest move under the bank's $1.5 trillion security project aimed at bolstering in… [+1022 chars]

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