The project has been allocated €1.4m.
Additional funding will be spent on defence over the next two years.
Tánaiste and Defence Minister Micheál Martin announced revised allocations of €215 million in 2025 and €220 million in 2026.
Among the projects set to benefit from the increased investment will be the replacement of the Emergency Aeromedical Service Hangar at Custume Barracks in Athlone.
That development has been allocated €1.4 million.
The funding will also be used to modernise and upgrade equipment and infrastructure in the Defence Forces, as well as the development of a new Army Ranger Wing Headquarters.
McKee Barracks in Dublin will also benefit from the investment, and will be upgraded and refurbished.
Tánaiste and Defence Minister Micheál Martin says the funding will support the "transformation of the Defence Forces into a modern, agile military force, serving at home and overseas, while also responding to increasingly more complex global security threats and events."
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