Spending deal approves $320B in defense modernization; includes $1B DIU boost and Replicator money

By Tony Bertuca / March 21, 2024 at 9:20 AM
After months of partisan haggling, Congress has released a final fiscal year 2024 appropriations package that would provide $320 billion for defense modernization, funds some aid to Ukraine, backs multiyear buys for several critical munitions and injects nearly $1 billion into the Defense Innovation Unit, according to documents released by lawmakers. The total topline for the Defense Department in FY-24 would be $824.3 billion, an increase of $26.8 billion above what Congress enacted in FY-23. Defense procurement would be funded...

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