FY24 Defense Appropriation Summary
Congress passes appropriation a year after budget request submitted and six months into the fiscal year.
Congressional appropriators finally released the FY24 Defense Appropriations Act as part of the second mini-bus with other bills. Congress took over a year - 374 days from the time the DoD released the FY24 budget. They released the final appropriations bill 172 days into FY24, or 47% through the FY. This delay cost the DoD tens of billions of dollars and massive risks across the DoD and industry.
President’s Budget Request: $842B
Congress Approved: $825B
Delta: $17B cut (-2%)
Major Budget Movements
See paid content for details on enhanced budget flexibility, deltas by Component, assessment of notable changes, and the latest on DIU, APFIT, and Replicator.