History-
The 106th Finance Battalion, also known as the "Diamondbacks," has a rich and distinguished history of providing financial management support to U.S. Army operations. Initially constituted and activated in 1944, the battalion has participated in several significant military engagements, earning campaign participation credit in World War II, the Korean War, Southwest Asia during Operations Desert Shield and Desert Storm, and the War on Terrorism in Iraq.
In recent years, the 106th Finance Battalion has played a vital role in supporting U.S. Army operations across Europe and Africa. Responding to Russia's invasion of Ukraine, the battalion established three sites in Poland to support forward-deployed troops, integrated a National Guard Finance unit, and expanded its mission to support comptroller operations at the four-star headquarters to tactical finance support in east Poland. The battalion has also significantly contributed to international partnerships, making over $200M in service agreement payments to NATO and African country partner nations and providing funding and vendor pay support to joint exercises in Africa.
In June 2022, the 106th Finance Battalion was reactivated at Daenner Kaserne in Kaiserslautern, Germany, under the 16th Sustainment Brigade, to enhance financial and comptroller support across the European and African theaters. The battalion's forward presence in Germany provides financial flexibility and operational reach to supported combatant commanders, ensuring effective financial management from routine operations to armed conflict. The battalion has also provided funding and currency procurement support to ongoing operations in the greater Horn of Africa region.
As of November 2023, the 106th Finance Battalion remains committed to excellence, with 19 soldiers inducted into the Non-Commissioned Officer Corps during a ceremony at Tower Barracks, Germany. The battalion's enduring mission and recent activities underscore its vital role in supporting U.S. Army operations through comprehensive financial management and support services. With its rich history, forward presence, and ongoing contributions, the 106th Finance Battalion continues to uphold its reputation as a premier financial management unit in the U.S. Army.
Mission-
The 106th Finance Battalion exercises mission command over Headquarters and Headquarters Company and two organic Finance Companies. Provide Disbursing, Vendor Pay, and Internal Control support to Soldiers and Units in the U.S. Army Europe, USAREUR-AF, and AFRICOM area of operations.