Russian military-industrial complex: development under sanctions restrictions

Imposition of sanctions restrictions had a negative impact on the leading sectors of the Russian economy, slowing down their progressive development. It affected the Russian military-industrial complex, which is one of the most high-tech segments of the Russian economy. The article solves the problem of assessing the impact of sanctions restrictions on the Russian military-industrial complex and substantiates the importance of implementing import substitution programs for its innovative development. Research materials were obtained from open sources of the Russian press. To analyze and generalize them, authors used the methods of an integrated approach, statistical and economic analysis, comparison of indicators and others. As a result of the research, it was found that the introduction of sanctions restrictions initially created certain problems for the normal functioning of many industrial enterprises of the Russian military-industrial complex. However, subsequently, they essentially gave a purposeful impetus to its innovative development through the implementation of import substitution programs and other modern organizational and economic mechanisms. Their implementation and introduction into the activities of industrial enterprises of the Russian military-industrial complex opens up additional opportunities for the development of new industries, creates new jobs and increases the employment of the able-bodied population of the country.