Abstract: The proposed invention is used for the manufacture from the obtained composite of cutting tools, hard alloy tooling, dies and other products. A method according to the invention involves preparing a mixture, compacting it, placing the mixture into a synthesis zone, igniting the mixture, with subsequent reaction of components of the mixture under combustion conditions. Then cure is carried out during a period ranging from about 0.1 seconds to about 0.5 hours, and the hot combustion products are compacted under pressure at an average pressure rise rate ranging from about 10 to about 2000 kgf/cm.sup.2.s, with subsequent cure of the compacted product under isobaric conditions to complete homogenization of the composite, with subsequent cooling thereof to obtain an end composite.