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

business

JPMorgan Chase CEO Jamie Dimon is injecting twenty-four million dollars into American shipbuilding, according to CNBC US Top News. The investment will build a new submarine facility at the Philadelphia Navy Yard, part of what Dimon calls an 'arsenal of democracy' for strengthening U.S. defense capabilities.

Source: https://www.cnbc.com/2026/07/15/jamie-dimon-jpmorgan-chas...

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