Whether visibly or mostly invisibly, the Egyptian military institution was an integral part of President Hosni Mubarak’s authoritarian regime and its liberalized economy from 1981 until 2011. Upon the fall of Mubarak in 2011, the long-entrenched system of military privileges almost fell apart under a massive wave of labor protests that targeted ex-officers and officers in government authorities and business premises. But the military quickly succeeded in restoring back its political and economic supremacy by using repressive means—including anti-strike laws and military police. After sweeping the presidential election twice in 2014 and 2018, the former minister of defense Abdel-Fattah al-Sisi has launched a new era of unprecedentedly visible military domination over the state and the economy. Applying a political economy approach, this paper investigates the role of the Egyptian officers in the bureaucratic apparatus and civilian production and services before and under al-Sisi. It argues that the military institution took advantage of the post-2011 political turmoil and social unrest to transform its previously mostly invisible political and economic domination into conspicuously visible monopolies over government posts, projects of public works, and commercial activities. It also explores how this noticeable degree of militarization impacts the various social classes and generates simmering discontent in the localities of Cairo and provincial Egypt. The paper relies on a wide variety of primary sources, such as Arabic newspapers archives, laws, court records, company profiles, official budget documents, U.S. congressional records, interviews, etc. The paper finally addresses the prospects of “demilitarizing” the state and economy under al-Sisi.