DIU Supports 3.0 Strategic Agenda With Its FY24 Budget Spending Plan

The Defense Innovation Unit has released a spending plan for its $983 million fiscal year 2024 budget, signed into law in March.

Under the plan, the allocation will prioritize four categories: expanding and accelerating uncrewed system initiatives and other strategic projects; launching new projects focused on counter-unmanned aerial systems and other new projects in strategic areas; supporting initiatives of other Department of Defense components; and expanding regional outreach through the Defense Innovation OnRamp Hub.

The spending plan aims to support the Secretary of Defense’s DIU 3.0 strategy, expanding and accelerating the delivery of commercial products and services, the DIU said.

Doug Beck, director of the DIU, said that the budget allows the DIU to continue working with its partners to make the most of commercially available solutions to support the country’s combat preparedness to “deter major conflict or win if forced to fight.”

The DIU 3.0 plan marks a new chapter for the organization. Aditi Kumar, deputy director of strategy, policy and national security partnerships at DIU and a past Potomac Officers Club event speaker, said that under the new strategic plan, the DIU will play a bigger role in helping the Pentagon harness opportunities offered by the commercial sector.