JPMorgan Chase Backs Philadelphia Shipbuilding with a Major Financial Boost

JPMorgan Chase Backs Philadelphia Shipbuilding with a Major Financial Boost

2026-07-16 companies

Philadelphia, Friday, 17 July 2026.
To revitalize a declining domestic industry that builds under one percent of global commercial ships, JPMorgan Chase is investing $24 million in Philadelphia submarine manufacturing and workforce training.

Sources


Defense Manufacturing Corporate Investment