PERIMETER SOLUTIONS LP: $150M Department of Agriculture Contract
Summary
Perimeter Solutions ($PRM) received a $150M delivery order from the U.S. Forest Service for fire retardant services. This award represents ~46.6% of PRM's annual revenue, making it a major catalyst for the company. No directly related legislation was identified, but the contract underscores continued federal spending on wildfire suppression.
See which stocks are affected
Key takeaways, market implications, full AI analysis, and connected signals are available to HillSignal members.
Already have an account? Log in
Key Takeaways
- 1.The $150M contract is equivalent to ~46.6% of PRM's FY2025 revenue, making it a transformative award.
- 2.PRM is a pure-play fire retardant company, so this contract directly impacts its core business.
- 3.No related legislation was identified, but the contract signals continued federal spending on wildfire management.
Market Implications
Perimeter Solutions is expected to see a positive stock reaction due to the contract's size relative to its revenue. The award provides visibility into FY2026 revenue and strengthens the company's position as a key supplier for federal wildfire suppression. Investors should monitor future procurement announcements and potential multi-year extensions.
Full Analysis
- The contract: Perimeter Solutions LP was awarded a $150M delivery order by the U.S. Forest Service (Department of Agriculture) for fire retardant services. The contract is a continuance of a task order from 2026, indicating a recurring relationship. 2) The parent company: Perimeter Solutions LP is a subsidiary of Perimeter Solutions, Inc., a publicly traded company specializing in fire retardant chemicals and firefighting services. With FY2025 revenue of $322M, the $150M award represents a substantial 46.6% of annual revenue, providing a significant boost to the company's financials. 3) Connection to legislation: No related bills were identified in the provided bill signals. However, the contract reflects ongoing federal investment in wildfire prevention and suppression, which is often supported by appropriations bills. 4) Supply chain winners: Potential subcontractors or suppliers include chemical manufacturers and logistics providers, though specific names are not disclosed. Pure-play firefighting companies like PRM benefit most directly. 5) Historical pattern: Federal fire retardant contracts are typically multi-year and recurring, providing stable revenue for suppliers. Similar awards in the past have led to sustained revenue growth and improved margins for PRM.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
NATIONAL CENTER FOR MANUFACTURING SCIENCES INC: $1.0B Department of Defense Grant
RAUMA MARINE CONSTRUCTIONS OY: $1.1B Department of Homeland Security Contract
DEPARTMENT OF EDUCATION CALIFORNIA: $1.7B Department of Agriculture Grant
ADMINISTRACION DE DESARROLLO SOCIOECONOMICO DE LA FAMILIA: $2.5B Department of Agriculture Federal Award
BOLLINGER SHIPYARDS LOCKPORT, L.L.C.: $1.3B Department of Homeland Security Contract
NEW YORK STATE EDUCATION DEPARTMENT: $1.5B Department of Agriculture Grant
DEPARTMENT OF SOCIAL SERVICES CALIFORNIA: $1.2B Department of Agriculture Grant
DAVIE DEFENSE INC.: $3.5B Department of Homeland Security Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Adjusting Imports of Unmanned Aircraft Systems and Unmanned Aircraft Systems Components into the United States
This proclamation imposes a 100% ad valorem tariff on imports of unmanned aircraft systems (UAS) over 25 kg, those with thermal imagers, docking stations, and certain components, and a 25% tariff on UAS under 25 kg and other components, citing national security under Section 232 of the Trade Expansion Act. It also authorizes the Department of Commerce to establish an onshoring program offering preferential tariff treatment for companies that build new U.S. manufacturing facilities for UAS and components.
Rebuilding the United States Navy and America’s Shipbuilding Industrial Base
This memorandum directs the Secretary of War to replace the Electromagnetic Aircraft Launch System with steam/hydraulic systems on aircraft carrier CVN-81, adopt a 'Finland Model' allowing foreign shipbuilders to bid on up to three ship classes if they build U.S. shipyards and transfer technology, and submit plans for a fifth public Navy yard, a component repair center, and competitive acquisitions for surface combatants and auxiliary vessels. It also restricts iterative design changes and delegates waiver authority for foreign shipbuilding contracts.
Adjusting Imports of Polysilicon and its Derivatives into the United States
This proclamation invokes Section 232 of the Trade Expansion Act to impose a minimum import price (MIP) program on polysilicon and its derivatives, a 15% ad valorem tariff on polysilicon derivatives, and directs the Secretary of Commerce to offer incentives for domestic production. It aims to protect and revive the U.S. polysilicon industry by restricting imports that threaten national security, particularly for semiconductor and solar supply chains.
Contract Details
Recipient
PERIMETER SOLUTIONS LP
Award Amount
$150,000,000
Awarding Agency
Department of Agriculture
Sub-Agency
Forest Service
Contract Type
DELIVERY ORDER
Free — no credit card
Get the next market-moving signal before the news does
HillSignal scores every Congressional bill, federal contract, and insider filing for market impact and emails you the high-conviction ones — free, no credit card.
Weekly digest — the congressional activity that actually moved markets that week, in plain English. Free, one email.
Free forever plan · No credit card · Unsubscribe in one click
Want the live terminal too? Create a free account →