The New Defense Playbook: Partnerships, Capital, and Capabilities

In this episode of J.P. Morgan's Making Sense, Mark Marengo, Head of Diversified Industries Investment Banking, speaks with Derek Chollet, Head of J.P. Morgan Chase's Geopolitical Center, to break down changes in the defense and aerospace sector. They discuss investment flows, how emerging technologies are reshaping military capabilities and readiness, and the need for deeper public-private partnerships in the U.S., Europe, and beyond to drive industry growth. Recorded on March 4, 2026.