The research shows the possibility of increasing the structural strength of the weld joints of EP517 steel and 36NKhTYu iron-nickel alloy as applied to the combined bandage of the high-speed rotor of an electric machine, due to the effect of local strengthening of the soft interlayer. The technology of electron-beam welding of 36NKhTYu alloy to EP517 steel with free root formation, which allows to obtain narrow welds, is described. The results of metallographic researches and mechanical tests of weld joints with different weld widths are presented, which showed that the structure and properties of the weld metal on samples with different weld widths are almost identical. The tension test results of weld joints demonstrate a significantly greater ultimate tensile stress, compared to the ultimate tensile stress of the weld metal. Also, it was established that, due to the local strengthening phenomena the smaller the weld width, the stronger the welded joint is. In addition, the use of heat treatment after welding allows us to increase the strength properties of the weld metal and the heat-affected zone of the 36NKhTYu alloy, due to the formation of the hardening γ’-phase. The possibility of increasing the ultimate tensile strength of the weld up to 98% of the ultimate tensile stress value of EP517 steel (as the less durable of both welded materials), due to heat treatment and reducing the weld width, is demonstrated.