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

CNBC•Wed, Jul 15, 2026, 01:45 PM•2 min read

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

Source: [CNBC](https://www.cnbc.com/2026/07/15/jamie-dimon-jpmorgan-chase-defense.html)

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