The text analyzes the ambivalent role of the army in the recent Egyptian revolution and the ensuing process of democratic transition. On the one hand, the overthrow of Hosni Mubarak's regime was a result of the activity of the army, which supported the protesters since the onset of the revolution. The Supreme Council of the Armed Forces, the military body which has taken over power in Egypt, promises to ensure a peaceful transfer of power within a free and democratic system. On the other hand, some acts of the military authorities in the transitional period suggest that, in the next period of time, precisely the army could become the main blocking factor of the process of democratization. The authors deem that the main goal of the army is not to hold on to power, but to build such a political system in which it would enjoy a privileged position, free from civilian control. In the authors' judgement, if a halt to the process of democratization is to be prevented, the USA must make use of its influence and persuade the military leaders, who are preoccupied with their own reputation among the public, to carry through the initiated reforms.