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Pete Hegseth: “This has resulted in 280 new and expanded facilities, more…”

Featuring: Pete Hegseth, Secretary of Defense | National

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LIVE: Pete Hegseth testifies before House defense budget hearing (Full)

Published | Video Starts at 23:17

The Department has helped stimulate more than 250 private investment deals in 39 states, in 180 cities, in 150 different companies worth more than $50 billion. This has resulted in 280 new and expanded facilities, more than 18 million new square feet of American manufacturing, and more than 70,000 new American jobs. These $50 billion in defense investments in new plants, assembly lines and factories are private investment, not taxpayer dollars. By completely transforming our Department's business model, American companies are investing in America with their own capital. (23:17–23:29)

CLAIM

Asserts that the investments resulted in 280 new facilities, 18 million square feet of manufacturing, and 70,000 jobs.

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