This fall has underscored a fundamental shift: national security, innovation, and capital markets are converging at a pace and scale unseen in recent decades. Around the world, surging cyber threats and rapidly evolving investment flows are rewriting the playbook for boardrooms, markets, and policymakers. The Council on Global Competition and Innovation – CGCI is at the center of this transformation—mobilizing capital, convening leaders, and shaping standards that will define the next era of American and allied resilience.
Last month, Jamie Dimon and JPMorgan Chase announced a landmark $1.5 trillion Security and Resiliency Initiative, representing Wall Street’s largest commitment yet to rebuilding the economic backbone and strategic industries vital for U.S. defense, supply chain independence, and technological leadership. JPMorgan’s plan to deploy up to $10 billion in direct investments—from grid resilience to rare earth minerals and cybersecurity—marks a defining moment for U.S. financial leadership in national security. This watershed initiative is a clear endorsement of CGCI’s core mission: harnessing the power of markets and capital to advance technological sovereignty, strategic industry revival, and democratic resilience. CGCI has long championed the public-private convergence necessary to meet the urgent challenges and opportunities now recognized at the highest levels of American finance and industry.
In this edition, we spotlight two timely contributions. Nic Adams , CEO of 0rcus , presents “Capital At Work: A National Investment Thesis for Cyber Resilience,” urging institutional investors and boardrooms to view cyber risk not just as an IT concern, but as a strategic condition for continued competitiveness. We are also honored to feature a piece by Emeka A. , of the Defense Innovation Unit (DIU), whose (personal) perspective on mobilizing markets for democratic defense reflects the priorities and frontline experience of one of the Pentagon’s key innovation arms. Alozie’s “How Markets Must Become the Arsenal of Democracies,” calls for a modern playbook—one that unites dynamic capital markets, public-private investment, and focused resilience across supply chains, energy grids, semiconductors, and more. Both authors make one point clear: enduring advantage will go to those who align capital and innovation with national strategy before crisis arrives.
CGCI’s mission is to connect the actors—investors, tech builders, policymakers, defense leaders—who can move markets and meaningfully fortify democratic stability. Thank you to all of our community members lending their advocacy, leadership, and partnership to this critical work.
Sincerely,
Christina Alfonso
Executive Director, Council on Global Competition and Innovation – CGCI


