To ensure the product life cycle (PLC), foreign and domestic information technologies have been developed that mainly ensure the stages of design and manufacture of products, but they do not allow for automation of the design of technologies for restoration and strengthening of parts. The relevance of restoration of critical parts of ship equipment is due to dependence on foreign supplies of equipment and spare parts (SP), as well as sanctions from unfriendly states, which complicated the acquisition of SP, and the need for import independence arose. The paper shows that life cycle management of a restored part has a significant impact on the efficiency of marine fleet operation, and provides stages and main sub-stages of the life cycle of restored parts of ship equipment. Restoration of parts is considered appropriate if the required durability and savings are ensured compared to manufacturing or purchasing a new part. The concept of life cycle management of restored parts is provided. Life cycle management of restored parts includes planning, control and management of all stages, as well as decision-making to ensure the durability of the part through the use of advanced materials and coating formation technologies. The stage of the life cycle of the restored part, determining the service life of the part, the economic efficiency of its restoration and subsequent operation, is the technological process that ensures the optimal chemical composition, mechanical and structural parameters of the coating. All the properties of the restored part are laid down at the stage of designing the technological process. The prospects of using the life cycle management of the restored part are shown using the example of restoring precision parts of the fuel equipment of marine diesel engines. The use of various technologies for the same type of restored precision parts allows obtaining coatings with different chemical composition, mechanical properties, structure and, accordingly, different values of durability and cost price to ensure the specified service life of the tribological unit at an acceptable price.