The crisis of the US military-industrial complex — experience of overcoming

Abstract

The use of effective methods of anti-crisis management is extremely important for the modern economy, science, military-industrial complex, which in most countries suffer from breaks in supply chains and the sanctions crisis. The use of foreign experience, which has proven itself in practice, will allow you to get results faster than using your own «trial and error» approach. The effective experience of anti-crisis management of the US military-industrial complex under the conditions of contraction of domestic demand in the 1990s seems to be extremely promising for spreading to broad areas of developed and developing economies. Understanding this success, analyzing the conditions that preceded it, adapting the results of the analysis to national realities — all this will allow the country applying this experience to more effectively withstand the crisis. The analysis presented in the article allows us to conclude that the US military-industrial complex crisis of the 1990s is associated with the reduction of excessive funding of the 80s to the usual level of the Cold War. It has been determined that even a return to such a «commonness» led to a number of financial problems in the American military-industrial complex. It led to a reduction in personnel and production capacity, the threat of loss of competencies and technologies. The article analyzes in detail the measures taken by the US government and the management of private companies, which made it possible to bring the US military-industrial complex out of this crisis. A diagram of the relationship between these measures is presented. The results of the analysis can be applied far beyond the sphere of the military-industrial complex — in the development of science, civil industry, and the innovative sector of the economy.