KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $119M Department of Homeland Security Grant
Summary
The $119M FEMA grant to the Kentucky Department of Military Affairs funds disaster recovery under the Public Assistance Program, but since the recipient is a state agency, no publicly traded companies are directly affected.
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Key Takeaways
- 1.The $119M FEMA grant is to a state agency, not a public company, so no direct stock impact.
- 2.Disaster recovery contracts like this typically benefit local construction and debris removal firms, but those are not publicly traded entities here.
- 3.No related legislation or executive actions specifically connect to this contract.
Market Implications
This contract has no direct implications for publicly traded stocks. The recipient is a government entity, and the funds will flow to local contractors and nonprofits, which are not publicly listed. Investors should not expect any stock movements based on this award. The disaster recovery sector overall remains supported by federal spending, but this specific award is too small and indirect to move markets.
Full Analysis
The contract award is a $119M project grant from the Department of Homeland Security's Federal Emergency Management Agency (FEMA) to the Kentucky Department of Military Affairs. The funding supports the Public Assistance (PA) program, which helps state and local governments respond to and recover from disasters, including debris removal, emergency protective measures, and restoration of damaged public facilities. The period of performance extends to September 30, 2026. As the recipient is a state government entity, there is no direct publicly traded company receiving this award. The contract does not create a direct revenue stream for any public company. The sector impact is primarily in disaster recovery and infrastructure, but without specific ticker-level beneficiaries. Related legislative signals in the HillSignal database do not directly connect to this contract, as none of the bills focus on FEMA disaster assistance or public safety grants. Presidential actions, such as those on drone imports or cyber crime, are not relevant to this disaster relief contract. Investors should not attribute this contract to any defense or infrastructure stocks, as the recipient is a state agency, not a private contractor. The award is a routine grant for disaster preparedness and recovery, with no material impact on publicly traded equities.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
DEPARTMENT OF MILITARY NEBRASKA: $26.2M Department of Homeland Security Grant
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $118M Department of Homeland Security Grant
NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT: $106M Department of Homeland Security Grant
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $42.1M Department of Homeland Security Grant
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Restoring Reciprocity in Government Procurement
This Presidential Memorandum directs the Office of Management and Budget, the U.S. Trade Representative, and other federal agencies to identify and remove Canadian-origin items from federal civil procurement where possible, citing Canada's 'Buy Canadian' policies as discriminatory. It also requires agencies to be notified of domestic alternatives and mandates ongoing monitoring of Canada's procurement practices, with provisions for restoring access if Canada changes its policies.
Providing Meaningful Water Quality Improvements Through Collaboration and Oversight of Federal Support
This executive order revokes Executive Order 13508, which had mandated Chesapeake Bay restoration efforts, and directs federal agencies to prioritize funding for direct, on-the-ground water quality projects. It also instructs the EPA to work with states to assess and encourage the repeal of stormwater management fees (rain taxes) that have burdened residents, aiming to reduce costs while maintaining environmental progress.
Adjusting Certain Delegations Under the Defense Production Act
This proclamation amends Executive Order 13603 to share authority under the Defense Production Act for energy matters between the Secretary of the Interior and the Secretary of Energy, allowing each to act independently, and directs inter-agency dispute resolution via the National Energy Dominance Council and National Security Council, with coordination from the Department of War when national defense is implicated.
Contract Details
Recipient
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS
Award Amount
$118,783,086
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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