The State Concern "Ukroboronprom" was created in 2010 for the management of the enterprises of the military-industrial complex. Today, SC "Ukroboronprom" unites more than 100 enterprises-participants in 5 major defense industry sectors, particularly in armament and military equipment development and manufacture, scientific research and export-import operations. "Ukroboronprom" has more than 10 design bureaus, engaged in development, design, and research, enabling State Concern to implement new solutions and innovations. State Concern employs approximately 80,000 highly skilled people. Many employees have high academic degrees in engineering, applied mathematics, physics, etc. Realizing the fact, that innovation requires skilled, educated specialists, State Concern management has initiated long-term cooperation with leading educational institutions of the country, the list of which is constantly increasing. The State Concern deepens cooperation with Ukrainian enterprises, strengthening the internal cooperation of domestic manufacturers, and expands the range of foreign partners. "Ukroboronprom" has exporters, authorized by the state to supply Armed Forces of Ukraine and other military formations with armament and military equipment. Leaders of the State Concern have developed a promising model of industrial clusters with a clear specialization and a closed cycle of production to the final product.