Abstract
The article examines the current problems of economic and legal regulation of the formation and implementation of program-targetapproach in the space industry of Ukraine. It is shown that the application of national targeted scientific and technical space programshas not become an effective state tool for solving problems of development of the national space industry.The necessity of significant increase of economic and legal requirements to space programs, their validity and objectivity of definitionof the effective indicators characterizing efficiency of development of money is substantiated. The introduction of budget fundingfor space program activities should be aimed solely at achieving specific results of space activities, which is crucial for the implementationof targeted space programs. It is summarized that within the space program it is necessary to implement only the priority problemareas of innovative space activities, which have a significant impact on the further development of the national space industry.The main mission of the state should be to financially satisfy the exclusively public interests of society. It is the priority spaceneeds of the state that must be met at the expense of budgetary sources of funding.
 The definition in the space program of new strategic directions of high-tech development of the space industry should be carriedout according to the types of national space activities that have an innovative basis and are most important for the needs of the stateand society. The state must undertake to finance only those measures of space programs which provide for the manufacture of rocketand space products and the provision of space services that are in real demand in the market of space services and technologies, as wellas necessary to address critical socio-economic problems, maintaining the defense capabilities of the state, its national security.There is a need to modernize the organizational, legal, economic and methodological approaches to the development of spaceprograms, their adaptation to market conditions. It is noted that the main indicators of the effectiveness of program-targeted planningand management of the national space industry should be recognized financial and economic indicators of space activities of economicentities of the space sector of the economy and the final results of the space program.
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