Abstract:With the development of the society, military enterprises’ financing channels and financing structure is constantly changing from allocation financial under planned economy to diversified financing under market economy system. At present, addition to financial allocations, the development of war industry enterprises mostly fund in the bank loan and in part derived from equity financing, meanwhile, from optimize financing structure theory and theory of inflation, bond financing is a more advantageous financing method to enterprise. This paper will show the necessity of military enterprises’ bond financing via the military industrial enterprises’ development and financing theory, in addition, it summaries the military enterprises’ bond financing cases in recent years and gives several relevant proposals based on the problems.