Abstract
The article provides a comparative analysis of trends in financing the defence acquisition of equipment system in Ukraine and some of the leading NATO countries; highlights the problematic issues for Ukraine in terms of defence capabilities and the impact of defence acquisition of equipment on them (defence capabilities); and establishes that by performing the regulatory function, the defence equipment acquisition system not only ensures the development of the Armed Forces but also gives the market economy additional stability, if the management of mentioned system is efficient and adapted to the new economic conditions.
Highlights
The issue of ensuring an adequate level of defence capability in the context of hybrid war with the Russian Federation (RF) for Ukraine is quite acute
A well-functioning defence acquisition system for the weapons and military equipment and the level of funds allocated for the procurement and creation of equipment play a significant role in this matter
The experience gained by the State in countering external armed aggression required the construction of a fundamentally new system of national security, in particular, the immediate ordering and resolution of issues of enhancing the state defence capability, reforming the Armed Forces of Ukraine and other military formations, as well as the development of the defence industry
Summary
The issue of ensuring an adequate level of defence capability in the context of hybrid war with the Russian Federation (RF) for Ukraine is quite acute. A well-functioning defence acquisition system for the weapons and military equipment (hereafter ‘equipment’) and the level of funds allocated for the procurement and creation of equipment play a significant role in this matter. There is a need to compare the extent to which this expenditure meet the NATO standards in this area, how the specified level of funding affects Ukrainian defence capability, whether it is sufficient and what are the issues where attention should be paid in this area
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