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Pete Hegseth: “Industry must use capital expenditures to upgrade…”

Featuring: Pete Hegseth, Secretary of Defense | National

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LIVE: Pentagon Chief Pete Hegseth delivers remarks

Published | Video Starts at 44:57

We commit to doing our part, but industry also needs to be willing to invest their own dollars to meet the long term demand signals provided to them. Industry must use capital expenditures to upgrade facilities, upskill their workforce and expand capacity. If they don't, we are prepared to fully employ and leverage the many authorities provided to the President which ensure that the Department can secure from industry anything and everything that is required to fight and win our nation's wars. (44:57–45:06)

CLAIM

Asserts that industry must invest in upgrading facilities, workforce skills, and capacity.

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