President Donald Trump has directed the Pentagon to prepare plans for carrying out his threat to "take back" the Panama Canal, including by military force if needed, two U.S. officials familiar with the situation told NBC News Thursday.

Potential plans range from partnering more closely with Panamanian security forces to a less likely option of U.S. troops' seizing the canal by force, U.S. officials told NBC News.

BlackRock's involvement signals a shift from a Hong Kong-based company to a US-led consortium, aligning with Trump's strategy.