TEXAS DIVISION OF EMERGENCY MANAGEMENT: $217M Department of Homeland Security Grant
Summary
This $217M grant from FEMA to the Texas Division of Emergency Management funds disaster repair for local governments, but since the recipient is a state agency, no publicly traded company directly benefits. The contract signals ongoing federal support for disaster recovery infrastructure, but without a public beneficiary, the market impact is minimal.
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Key Takeaways
- 1.The $217M FEMA grant to Texas is a state-level disaster recovery award with no direct public company beneficiary.
- 2.Retail investors should not attribute this contract to any specific ticker due to lack of publicly traded recipient or subcontractor data.
- 3.The grant underscores ongoing federal disaster spending but offers no actionable stock catalyst.
Market Implications
The contract has no direct market implications as the recipient is a state agency. Investors should monitor future FEMA contracts that name prime contractors or subcontractors for disaster recovery work, which could benefit construction and engineering firms.
Full Analysis
The contract is a $217M project grant from the Department of Homeland Security's FEMA to the Texas Division of Emergency Management, intended for repair or replacement of disaster-damaged facilities. As a state-level government entity, the recipient is not publicly traded, and no parent company or subsidiary relationship exists. This type of grant typically flows to local governments and contractors, but without specific prime contractor or subcontractor details, no public company can be reliably tied to this award. The contract period ends September 30, 2024, suggesting a one-time allocation rather than a multi-year program. No related bills from the provided list directly authorize or fund this specific grant, and the presidential action on defense supply chains is unrelated to disaster relief. Historical patterns show that FEMA grants for disaster recovery often benefit construction and engineering firms indirectly, but without named subcontractors, such connections would be speculative. The neutral sentiment and low impact score reflect the absence of a public company beneficiary and the routine nature of this grant.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
TEXAS DIVISION OF EMERGENCY MANAGEMENT: $217M Department of Homeland Security Grant
TEXAS DIVISION OF EMERGENCY MANAGEMENT: $217M Department of Homeland Security Grant
NORTH CAROLINA DEPARTMENT OF PUBLIC SAFETY: $207M Department of Homeland Security Grant
OFFICE OF EMERGENCY SERVICES: $28.6M Department of Homeland Security Grant
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
TEXAS DIVISION OF EMERGENCY MANAGEMENT
Award Amount
$217,266,838
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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