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JPMorgan backs submarine supplier and training in Philadelphia
The bank plans $24 million for a submarine facility and workforce training as part of its defense initiative, linking the program to Philadelphia shipbuilding operations.
JPMorgan is backing a defense supply chain move that supports a submarine facility and training for skilled workers in Philadelphia, according to the WSJ Markets.
The effort includes $24 million toward the submarine facility and workforce development as part of the bank’s broader defense initiative.
The update ties JPMorgan’s defense-focused program to the local shipbuilding ecosystem, including a sub supplier connected to Philadelphia shipbuilding.
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