I think he was extolling the virtues of large scale R&D spending and adding that the Cold War happened to be the impetus for this spending. He parts with: "I

I think he was extolling the virtues of large scale R&D spending and adding that the Cold War happened to be the impetus for this spending. He parts with: "I wish private industry would do more." That seems to suggest his main point is large R&D spending, not the virtues of the Cold War.