Financial strategies for the development of the military-industrial complex in the national security system of Ukraine

Abstract

The paper clarifies that ensuring national security, the country’s defense capability, and economic growth critically depends on the development of Ukraine’s military industry. Improvement of financial and technological support, development of innovations, and international cooperation are the key directions of the financial strategies of the military industry. It has been proven that the development of the military industry in the national security system of Ukraine requires a comprehensive approach and close cooperation between various branches of government, scientific institutions, and the private sector, which will ensure not only defense capability but also contribute to the economic development of the country. It is substantiated that the successful implementation of financial strategies for the development of the industrial complex requires an appropriate foundation, namely: an increase in financial resources for the modernization of production facilities and the development of new technologies; integration of modern technologies into the production process; increase in costs for training and attracting new specialists; expansion of cooperation with NATO countries and other international partners; participation in joint international projects and programs. The main aspects and directions of the development of the military industry in the context of national security are substantiated: the development of own production capacities to ensure autonomy in the production of military equipment, critical components and systems, weapons, and ammunition; increasing investments in the GDR for the development of own technologies and increasing the competitiveness of Ukrainian military-industrial complex products; carrying out corporatization and privatization through the transformation of state-owned military-industrial complex enterprises into more efficient corporate structures; development and implementation of laws that contribute to the development of the military industry and the protection of national interests; implementation of international standards in the production and management of the military industry.