摘要：Article substantiates the need for modernization and technical re-equipment in Russian Federation. The goal of the research and tasks for achieving this goal has been determined. The existing conditions for development of machine building complex of Russian Federation in recent history and dynamics of economic indicators that characterize it in recent years are considered. Trends in domestic machine building industry are revealed, which directly characterize the slowdown in the rate of country's economic functioning. Urgency of modernization and technical re-equipment of machine-building, its upgrading on the basis of wide introduction of the latest scientific and technical achievements and advanced technologies, is underlined, as without advancing development of machine building, it is impossible to solve problems of technological safety and problems relating to social sphere and standard of living of country's population. Particular attention is paid to the main problems and tasks of modernization, technical re-equipment of engineering enterprises. It is noted that at present stage the demand for modernization of Russian engineering is obvious. The results of the research show how urgent it is to change the forms and methods of production organization, re-equipment of technological capacities, and introduction of modern management systems. However, in order to correctly formulate the main priorities and directions of modernization, an in-depth analysis is needed.
