ACTIVITIES OF THE STATE CONCERN «UKROBORONPROM» IN 2014-2022

The article analyzes the main areas of activity of the State Concern «Ukroboronprom» during 2014-2022. The destabilizing factors affecting its functioning were studied and it was found that any changes were slowed down due to imperfect management strategies of the concern, the lack of an effective state military-technical policy, legally effective - legal mechanisms, inefficient use of resources, lack of stimulation of innovations, transparent mechanisms of control over budget funds. It was determined that for a long time the defense industry of Ukraine was considered mostly as a tool for obtaining profit from the implementation of export contracts for the sale of obsolete or partially modernized Soviet equipment. It is emphasized that it is thanks to the adopted law "On the peculiarities of the reform of state-owned defenseindustrial complex enterprises" that defense enterprises will be able to attract investments that will be directed to their own development, development and production of modern weapons and military equipment.