The process of modernization of the Polish Armed Forces has been going on almost continuously since its inception to enable the implementation of the country's military strategy. The purpose of the article is to present issues related to the specifics of the implementation of projects for the provision of military equipment and project management methods used in the arms industry in the current economic reality. In the presented article, using the analysis and synthesis of available materials, the current economic and military situation strongly conditioned by the current actions of the Russian Federation in Ukraine is presented. The requirements for the Polish armaments industry are taken into account in this aspect. In the further part of the article, the authors will focus on presenting the specifics of the operation of armaments industry enterprises and the role they occupy in the system of ensuring the supply of equipment to the Polish Armed Forces. The specific conditions occurring in the implementation of projects in the armaments industry and the most commonly used project methodologies in the industry will also be described. The concept of project implementation efficiency is defined, and the results of research undertaken in this regard are presented. In the conclusions are included conclusions on the issues undertaken