MANAGEMENT EFFICIENCY IN THE DEFENCE INDUSTRY IN THE CONDITIONS OF CYCLICAL ECONOMY   

Volodin Viktor Mikhaylovich, Doctor of economic sciences, professor, dean of the faculty of economics and administration, Penza State University, ieu@pnzgu.ru
Chernykh Lyubov Anatolyevna, Postgraduate student, Penza State University, lyu-c@yandex.ru 

338.12, 65.016.7 

The article considers the state of defence industry for the last 20 years in conditions of cyclic economy; management efficiency and the life cycle of defence enterprises of the Penza region. The authors suggest a list of approaches to improve efficiency of defence enterprises in cyclic economy. 

economic cycle, political cycle, defence enterprises, crisis.