MISSISSIPPI EMERGENCY MANAGEMENT AGENCY: $186M Department of Homeland Security Grant
Summary
FEMA awarded a $186M project grant to the Mississippi Emergency Management Agency for disaster response and recovery. As a state government entity, no publicly traded company directly benefits from this award, though indirect spending on debris removal and reconstruction may flow to private contractors.
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Key Takeaways
- 1.This is a grant to a state agency, not a contract with a public company.
- 2.Disaster relief spending supports local economies but does not directly boost publicly traded firms.
- 3.Investors should look for FEMA contracts awarded directly to construction or environmental services companies for clearer market signals.
Market Implications
This award has negligible direct market implications because the recipient is a non-public entity. However, the broader trend of federal disaster spending supports demand for debris removal and infrastructure repair services, which could benefit companies like Waste Management (WM) and Clean Harbors (CLH) if they secure subcontracts. No immediate stock movement is expected from this specific grant.
Full Analysis
The contract is a $186M FEMA Public Assistance grant to the Mississippi Emergency Management Agency, covering debris removal, emergency protective measures, and restoration of public facilities. Since the recipient is a state government agency, there is no direct publicly traded beneficiary. The funds will be used to reimburse state and local governments for disaster-related expenses. While private contractors may be hired for cleanup and repairs, no specific companies are named in the award. The contract is funded through FEMA's disaster relief appropriations and is not tied to any specific legislation. The impact on public markets is minimal, as the award represents routine disaster assistance rather than a competitive contract with a public company.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
DAVIE DEFENSE INC.: $3.5B Department of Homeland Security Contract
CENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.0B Department of Energy Contract
GEORGIA EMERGENCY MANAGEMENT AND HOMELAND SECURITY AGENCY: $1.7B Department of Homeland Security Grant
DEPARTMENT OF SOCIAL SERVICES CALIFORNIA: $1.5B Department of Health and Human Services Grant
NORTH CAROLINA DEPARTMENT OF PUBLIC SAFETY: $2.5B Department of Homeland Security Grant
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $1.6B Department of Homeland Security Grant
CENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.0B Department of Energy Contract
TEXAS OFFICE OF THE GOVERNOR: $1.4B Department of the Treasury Federal Award
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
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.
Declaring a National Emergency to Secure the United States Bulk-Power System
This executive order declares a national emergency to restrict foreign-produced bulk-power system electric equipment that poses national security risks, prohibiting new transactions involving equipment from covered foreign entities and allowing the Secretary of Energy to impose conditions on existing equipment. It directs the Secretary of Energy, in coordination with multiple agencies, to identify, mitigate, and potentially replace risky equipment, and establishes a pre-qualification list for approved vendors.
The National Space Transportation Policy
This memorandum directs multiple agencies to expand and modernize U.S. space launch and reentry infrastructure to support over 1,000 launches annually by 2030, expedite permitting and environmental reviews, develop new federal reentry sites, and strengthen the space transportation industrial base. It mandates range scheduling transparency, spectrum reliability, and workforce development, with specific reports and plans due within 90 to 240 days.
Contract Details
Recipient
MISSISSIPPI EMERGENCY MANAGEMENT AGENCY
Award Amount
$186,087,423
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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