The mechanical properties of square section (up to 350 mm) forgings made of domestic steel VKS-9M (obtained by the duplex process of vacuum induction melting plus vacuum arc remelting) are studied. The mechanical properties of steel VKS-9M and American high-strength structural steel 300M are compared in terms of the calculated characteristics of materials. We extend the concept of «design characteristics of materials» to all the mechanical properties of materials used in determination of the strength and durability of structures. The design characteristics of materials include the strength characteristics under quasi-static tension, compression, crushing and shearing, as well as the strength under variable loads and the crack resistance of the material. The correctness of comparing the calculated values of the static strength of steels VKS-9M and 300M is based on the identity of test methods and the equivalence of processing and presentation of test results. The determination of the strength characteristics was carried out according to domestic standards, which are basically harmonized with the American standards. A difficult situation arises when determining the strength indicators of a newly developed material. Nowel material, as a rule, is developed in laboratory conditions, produced on experimental equipment in small volumes, and, therefore, the statistical assessment of the general population at the development stage is unreliable. In conditions of the full-scale manufacture of industrial semi-finished products, a statistical assessment of their strength characteristics becomes necessary. In the aviation industry, a statistical assessment of the calculated values of the strength characteristics of the material is prescribed by the law. The airworthiness standards set the levels of the calculated values of strength characteristics with a certain probability of non-destruction. For parts, the destruction of which can lead to an accident, the calculated values of the strength characteristics of materials should be selected in such a way that the strength of the material is to be ensured with a probability of 99% — with a 95% confidence interval (basis «A»). Statistical evaluation of the static strength characteristics of two heats of VKS-9M steel on the basis of «A» revealed their insignificant excess in comparison with steel 300M. The data obtained allow us to believe that the calculated values of the static strength characteristics of VKS-9M steel will not be lower than the calculated values for 300M steel. Large-scale fatigue tests of VKS-9M steel were carried out, which proved that the fatigue characteristics of VKS-9M and 300M steels practically coincide, as well as the arrays of their determinations. The equivalence of the strength characteristics of the VKS-9M and 300M steels allows replacement of the American 300M steel by the domestic VKS-9M steel.