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Pentagon $200B Defense Fund

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Pentagon $200B Defense Fund

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Benzinga

70 Views • Mar 12, 2026

Description

The Pentagon is recruiting 30 Wall Street bankers from Goldman Sachs, Morgan Stanley, JPMorgan, and Bank of America to form an Economic Defense Unit deploying $200B in capital to counter China. The 2–3 year secondment program positions economic security as a core element of U.S. national defense strategy.