Direct energy deposition is a reliable additive manufacturing method of producing components with highly sophisticated geometry from a single material or combination of different materials with high manufacturing freedom and efficiency. The assembly operations are not required after the direct energy deposition: such complex parts as a rocket combustion chamber, a nuclear reactor element, a heat exchanger, and so on, could be fabricated layer-by-layer during one technological step. Promising applications are associated with Cu-Fe system laser deposited functionally graded components, which allow combining good oxidation resistivity, antifrictionality, thermal, and electrical conductivity of copper with mechanical strength, processability, and corrosion resistance of stainless steel. The main issue, which appears in the case of laser deposition of such materials, is internal stresses caused by significant inequality of physical properties of copper/bronze and steel, their limited miscibility, forming of brittle phases at the interface, and complexity of variation of mechanical and physical properties of the resulted alloy. The mentioned factors could cause various cracking in resulted parts. Specific techniques such as ultrasonic assistance, implementation of the external magnetic field, and post-treatment (hot isostatic pressing, machining), could be suggested to improve the quality of laser deposited Cu-Fe system functionally graded materials.