KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $146M Department of Homeland Security Grant
Summary
The $146M FEMA grant to the Kentucky Department of Military Affairs supports disaster recovery and hazard mitigation. As the recipient is a state government entity, no publicly traded companies are directly impacted by this award.
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Key Takeaways
- 1.This is a government-to-government grant, not a contract with a private company.
- 2.No publicly traded companies are directly benefiting from this award.
- 3.Investors should not attribute this contract to any specific stock.
Market Implications
This contract has no direct market implications for publicly traded companies. The broader trend of increased federal disaster spending may support the infrastructure and construction sectors over the long term, but this specific award is too small and too indirect to move any stock.
Full Analysis
The Department of Homeland Security, through FEMA, awarded a $146M project grant to the Kentucky Department of Military Affairs for the Public Assistance Program. This program funds debris removal, emergency protective measures, and restoration of disaster-damaged facilities. Since the recipient is a state government agency, this contract does not directly benefit any publicly traded company. The award reflects ongoing federal investment in disaster preparedness and recovery infrastructure, which may indirectly support companies in the construction, engineering, and disaster response sectors, but no specific tickers can be attributed with confidence.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $117M Department of Homeland Security Grant
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $41.6M Department of Homeland Security Grant
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $42.9M Department of Homeland Security Grant
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $51.0M Department of Homeland Security Grant
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Providing Meaningful Water Quality Improvements Through Collaboration and Oversight of Federal Support
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Contract Details
Recipient
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS
Award Amount
$146,134,048
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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