contract_awardAwarded Thursday, August 6, 2026Analyzed

KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $118M Department of Homeland Security Grant

Neutral

Summary

This $118M FEMA grant to the Kentucky Department of Military Affairs supports disaster recovery and hazard mitigation for public facilities. As a state government recipient, no publicly traded companies are directly impacted.

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Key Takeaways

  • 1.The $118M FEMA grant is directed to a state government, not a public company.
  • 2.No publicly traded tickers are impacted by this contract award.
  • 3.The contract supports disaster recovery infrastructure but lacks direct market implications.

Market Implications

This contract has no direct market implications as the recipient is a state government entity. No publicly traded companies are involved, and no downstream supply chain beneficiaries are identifiable from the award details.

Full Analysis

The contract is a project grant from the Department of Homeland Security's Federal Emergency Management Agency (FEMA) to the Kentucky Department of Military Affairs. The $118M award funds the Public Assistance (PA) program, which helps state, local, tribal, and territorial governments, as well as eligible private nonprofit organizations, respond to and recover from disasters. Covered activities include debris removal, emergency protective measures, and restoration of damaged public infrastructure. Since the recipient is a state government entity, there is no direct publicly traded company beneficiary. The contract does not create a revenue stream for any public corporation, and no supply chain or subcontractor relationships are specified. The award is a routine allocation of federal disaster relief funds, with no connection to specific legislation or executive actions that would affect public markets.

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presidential_memorandumJun 12, 2026

National Security Presidential Memorandum/NSPM-12

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Contract Details

Recipient

KENTUCKY DEPARTMENT OF MILITARY AFFAIRS

Award Amount

$117,911,059

Awarding Agency

Department of Homeland Security

Sub-Agency

Federal Emergency Management Agency

Contract Type

PROJECT GRANT (B)

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