Stephens laments the gutting of the American industrial base, noting all family factories (GM, Ford, steel) in Ohio closed, and that Tesla is the only major new-scale manufacturing company started this century. He links national security directly to rebuilding this "muscle." The discussion consistently argues that security is underpinned by economic prosperity and scalable production capacity. The new defense primes (Anduril, SpaceX) are, at core, advanced manufacturing companies. Their success and the government's strategic capital initiatives (e.g., Office of Strategic Capital) could stimulate a broader re-industrialization. WATCH because the thesis posits a multi-decade, policy-driven shift towards onshoring critical production (munitions, drones, semiconductors, pharmaceuticals). This could benefit a wide range of industrial automation, robotics, and specialized manufacturing firms, but the investment landscape beyond the clear prime winners is still forming. Policy reversal; failure to deploy capital effectively; the shift may remain confined to a few government-sponsored champions rather than lifting the broader sector.