A theory for predicting mechanical, thermal, electrical, and other properties of unidirectional- nanofiber/matrix composite materials is based on the prior theory of micromechanics of composite materials. In the development of the present theory, the prior theory of micromechanics was extended, through progressive substructuring, to the level of detail of a nanoscale slice of a nanofiber. All the governing equations were then formulated at this level.