The article investigates the specifics of the military-industrial complex functioning in Ukraine. Theoretical analysis has shown that the development of the country’s defense industry and the state of enterprise`s financial security within this industry have a dual impact on various components of the national security system: is a realization tool of the national interests, which in turn creates opportunities for its strengthening, and it can also be a source of threats to the state`s economic security by its components due to the accumulation of internal negative elements on enterprises (insufficient development and low level of military products competitiveness, obsolescence of fixed assets at enterprises, etc), as well as due to the low ability of enterprises to respond adequately to the challenges arising from changes in external conditions and factors (disruption of sustainable cooperation, increased competition between different military products in domestic and foreign markets, etc). The activity legal framework, legal status and structure of the state concern “Ukroboronprom” have been defined. The strategic growth priorities of defense industry of Ukraine have been cleared up. The financial security of enterprises operating in the defense industry can be ensured not only by using passive mechanisms to resist internal and external destructive factors, but also by mechanisms of efficient interaction with the environment. This in turn allows the company to avoid the need to invest capital in sources of raw materials, production or creation of distribution channels. Access to certain technologies or knowledge, the advantages of narrow specialization and the possibility of increasing consumer value, these all are important reasons for establishing strategic cooperation between different companies.
The article examins the concept of the defense-industrial complex as the basis of the national security of the state, peculiarities of its structure and functioning in different countries of the world, as well as issues related the current state and reforms in Ukraine. In particular, the essence of the concept of defense-industrial complex is determined by researching the scientific points of view of both foreign and Ukrainian scientists. Peculiarities of the structure and functioning of the defense-industrial complex in countries like the USA, France, Italy, Great Britain, Sweden, China, India and Germany were studied. It was shown which state organs in Ukraine are responsible for production and supply (sales) of weapons and military equipment. The legal status of the State Concern “Ukroboronprom” as an important component of the defense-industrial complex of Ukraine has been determined. Special attention is paid to the peculiarities of the strategy of development of the defense-industrial complex of Ukraine for the period till 2028, its main purpose and priority directions are highlighted. Key strategic goals and key strategic initiatives in the State Concern “Ukroboronprom” reform strategy are highlighted, with the aim of achieving close international cooperation in the framework of innovative tendencies and improvement of the legal framework by bringing the legislation norms to the world standards. Problematic issues in the defense industry of Ukraine that need to be addressed in order to improve the efficiency and consistency of this sector of economy were identified.