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flag The Pentagon is creating a 30-person unit with top bankers to manage $200B in defense investments, per a 2025 executive order.

flag The Pentagon is forming a 30-person "Economic Defense Unit" recruiting investment bankers from top firms like Goldman Sachs, JPMorgan, and Morgan Stanley to manage $200 billion in defense-related investments over three years. flag The initiative, aligned with a 2025 executive order by former President Trump to create a U.S. sovereign wealth fund, aims to strengthen national security through strategic private-sector financial expertise. flag Led by figures with ties to private equity, the unit will focus on critical industries, reduce reliance on foreign supply chains, and leverage high-level government access to drive deals. flag While the Pentagon and some firms declined to comment, Reuters could not independently verify the report.

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