Strategic Management of Financial and Material Resources in Security and Defense Projects
Petrukha N. M., Petrukha S. V., Tiurmenko Y. M., Kononenko I. M.

Petrukha, Nina M. et al. (2025) “Strategic Management of Financial and Material Resources in Security and Defense Projects.” The Problems of Economy 1:81–89.
https://doi.org/10.32983/2222-0712-2025-1-81-89

Section: Economics and national economy management

UDC 338.2:355.02

Abstract:
The article surveys the introduction of rational allocation of financial and material resources in the sphere of security and defense as a factor that significantly enhances the resilience of the State against modern challenges. The conditions of dynamic changes in the security environment that necessitate the use of the latest methods for assessing economic feasibility and optimizing strategic planning in the sphere of security and defense capability are considered. Special attention is given to the development of scientifically grounded approaches and econometric models to enhance the resilience and adaptability of the new defense economy. In the study, statistical data from 20 security and defense projects implemented in Ukraine, which encompass the development of new weaponry prototypes and the modernization of existing defense and security systems, were analyzed. The multiple regression method was used to assess the impact of key factors on current costs, as well as the least squares method to build a mathematical model for forecasting expenditure levels and optimizing the material and financial resources involved. It is determined that the largest impact on costs comes from management and operational items, main supply resources, and long-term investment needs. A level model of strategic management has been developed, taking into account innovative, risk, and inflation components, which confirms that high-tech projects with significant innovative potential ensure long-term economic efficiency. Prospects for further research include expanding the database to analyze a larger number of projects, implementing digital cost monitoring tools, and adapting the constructed econometric model to the conditions of other countries and defense systems. A priority direction is the development of integrated methods for assessing risks and effectiveness in the context of global transformational challenges.

Keywords: financial and material resources, strategic management, security and defense projects, investment efficiency, cost optimization, defense economy.

Fig.: 4. Tabl.: 1. Formulae: 2. Bibl.: 24.

Petrukha Nina M. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Construction Management, Kyiv National University of Construction and Architecture (31 Povitryanykh Syl Ave., Kyiv, 03680, Ukraine)
Email: nninna1983@gmail.com
Petrukha Serhii V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Construction Management, Kyiv National University of Construction and Architecture (31 Povitryanykh Syl Ave., Kyiv, 03680, Ukraine)
Email: psv03051984@gmail.com
Tiurmenko Yaroslav M. – Postgraduate Student, College of International Business (1 Duchnovic Square, Preshov, 08001, Slovakia)
Email: tyurmenko0212@gmail.com
Kononenko Ihor M. – Postgraduate Student, College of International Business (1 Duchnovic Square, Preshov, 08001, Slovakia)
Email: k2i2m2@ukr.net

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