contract_awardAwarded Tuesday, September 1, 2026Analyzed

NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT: $151M Department of Homeland Security Grant

Neutral

Summary

This $151M FEMA grant to the New Mexico Department of Homeland Security and Emergency Management supports disaster recovery and mitigation. As a state government recipient, no publicly traded companies are directly impacted.

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Key Takeaways

  • 1.No direct public company exposure.
  • 2.Grant supports state-level disaster recovery.
  • 3.Sector: Infrastructure.

Market Implications

No direct market implications as the recipient is a government entity. However, companies in the disaster recovery and construction sectors may indirectly benefit from increased state-level spending, but this specific award is too small and indirect to attribute.

Full Analysis

The contract is a project grant from FEMA to a state agency for disaster assistance. Since the recipient is a government entity, there is no direct public company beneficiary. The funds will be used for debris removal, emergency protective measures, and restoration of public facilities. This type of spending typically flows to local contractors and service providers, but no specific publicly traded companies are identifiable from this award. The sector impact is on infrastructure and emergency management services.

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Contract Details

Recipient

NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT

Award Amount

$150,839,228

Awarding Agency

Department of Homeland Security

Sub-Agency

Federal Emergency Management Agency

Contract Type

PROJECT GRANT (B)

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