KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $22.1M Department of Homeland Security Federal Award
Summary
This $22.1M FEMA grant to the Kentucky Department of Military Affairs provides direct financial aid to families in disaster areas. As a pass-through to a state agency, there is no direct publicly traded beneficiary, and the contract size is too small to move markets.
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Key Takeaways
- 1.No publicly traded company directly benefits from this grant.
- 2.The $22.1M is a routine pass-through for disaster assistance, not a competitive contract.
- 3.Investors should not expect any stock movement from this specific award.
Market Implications
No market implications. The grant is too small and lacks a public company recipient to affect stock prices. Investors should focus on larger, competitive federal contracts for tradable opportunities.
Full Analysis
The contract is a $22.1M direct payment from FEMA to the Kentucky Department of Military Affairs for disaster relief for families. It is a pass-through grant, meaning the state agency will disburse funds to affected individuals. The recipient is a government entity, not a publicly traded company, so no direct stock market impact. The grant supports consumer spending and local infrastructure recovery but does not create a revenue stream for any public company. Related bills in the database are largely neutral and low-impact, with none specifically targeting this FEMA grant program. Presidential actions on drones, cybercrime, and military spouse commissions are unrelated to disaster relief and are ignored. Given the small award size and absence of a public beneficiary, the market impact is negligible.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $11.6M Department of Homeland Security Grant
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $22.2M Department of Homeland Security Federal Award
DEPARTMENT OF MILITARY AFFAIRS WISCONSIN: $27.7M Department of Homeland Security Federal Award
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $50.5M Department of Homeland Security Federal Award
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Contract Details
Recipient
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS
Award Amount
$22,149,074
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
DIRECT PAYMENT FOR SPECIFIED USE, AS A SUBSIDY OR OTHER NON-REIMBURSABLE DIRECT FINANCIAL AID (C)
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