Conclusion. AUKUS has moved from strategy to engineering. The early pattern is pragmatic. States are choosing to sequence transfer in ways that protect the most sensitive pieces while enabling the hands-on exchange of the procedural and manufacturing knowledge that actually delivers stealth in service. If export control reform, industrial investment and embedded training proceed in sync then the alliance will be able to accelerate meaningful stealth-tech lift to Australia while preserving allied security interests. If any element lags the result will be expensive boats and limited operational advantage. The technical and political stakes are high. Getting the sequencing right will determine whether AUKUS is a generational capability multiplier or another stalled promises story.