JPMorgan Chase's security investment plan expands to Europe

Driving the news: JPMorgan Chase on Tuesday announced its transatlantic expansion alongside its plan to tap retired Adm. Tony Radakin, the former chief of U.K. defense staff, for its SRI external advisory council.

• Radakin's appointment is pending regulatory approval.
• Other advisers include retired Gens. Chris Cavoli and Paul Nakasone, the former heads of U.S. European and Cyber commands.

Catch up quick: SRI was initially rolled out in October with a pledge to invest billions of dollars in national-security-aligned companies and industries. Topics of interest include:

• Battery storage
• Nanomaterials and microelectronics
• Nuclear energy
• Munitions
• Quantum computing
• Secure communications
• Shipbuilding

What they're saying: "The national and economic security of countries depends on strong, resilient and reliable supply chains and robust critical industries," CEO Jamie Dimon said in a statement.

• "Now, it is in our best interest to address these challenges together — because our security, freedom and economic growth depend on it."

The intrigue: Breaking Defense in December reported both startups and legacy contractors are fair game for investment.

Go deeper: Canada, like Europe, seeks to break U.S. defense dependency