News · Yahoo Finance

JPMorgan Backs Two Defense Startups With $5 Billion

JPMorgan has already committed half of its $10 billion investment pool to hypersonic-missile maker Castelion and defense manufacturer Hadrian. The bet reflects America's push to rebuild its defense industrial base.

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MarketUS stocks
SectorFinancials
IndustryDiversified Banks
Market cap$891.9B
Close on 10/16/2026339.67
Change that session+1.23%
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