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DIU’s Latest Report Shows Fewer Solutions Transitioned, More Awards Made In FY ‘23

DIU’s Latest Report Shows Fewer Solutions Transitioned, More Awards Made In FY ‘23
The HII Remus 300 small unmanned undersea vehicle, the basis for the Navy’s Lionfish SUUV program. (Photo: HII)

The Defense Department’s innovation arm focused on trying to bring more commercially-developed solutions to warfighters faster last year awarded more prototype contracts than ever along with a sharp increase in awarded funding versus fiscal year 2022, but fewer companies ended up with government contracts transitioning their products for potential use. The Defense Innovation Unit (DIU) spent $502.5 million on commercial companies in FY ’23 with 90 Other Transaction (OT) awards to commercial vendors, increases of 145 percent and 11 percent…

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