WASHINGTON — The House and
Senate Appropriations Committees early on March 21 unveiled a long-awaited fiscal year 2024 compromise spending package for government agencies, including $825 billion for the Defense Department. The House and Senate are expected to vote on the measure March 22 to avert a partial
Government Shutdown. The compromise bill was delivered almost halfway through the 2024 fiscal year that began in October. The $825 billion defense spending bill is less than the $842 billion the Biden administration requested. The U.S. Space Force is getting approximately $29 billion — or about $1 billion less than the $30 billion request. Appropriators reduced the Space Force’s procurement account from $$4.6 billion to $4 billion, and the RDT&E account (for research, development, testing and engineering) from $19 billion to $18.6 billion The funding for the Space Force reflects recommendations made by the Senate Appropriations Committee in its markup of the defense bill last summer. The compromise bill, however, boosts some space launch accounts: A big winner in the 2024 defense bill is the Defense Innovation Unit, an organization established in 2015 in Silicon Valley to serve as a bridge between the Department of Defense and the commercial tech sector. DIU gets an increase of $842 million in the 2024 budget. The agency identifies promising technologies with potential
MILITARY applications and streamlines the often-bureaucratic acquisition process. Several DIU projects have focused on space technologies including space launch, on-orbit services and satellite communications . Appropriators said the additional funding is justified given the importance of DIU in bringing innovation into the Defense Department.