Bakalov's work revolved around the development of anti-tank guided missiles, overseeing projects including the anti-tank guided missiles 9M113 Konkurs, 9K115-2 Metis-M, 9M117 Bastion, and 9M119 Svir/Refleks, and the guided artillery shells 2K25 Krasnopol and 2K22 Tunguska.