contract_awardAwarded Thursday, August 13, 2026Analyzed

MILITARY, TENNESSEE DEPARTMENT OF: $41.8M Department of Defense Grant

Neutral

Summary

The Department of Defense awarded a $41.8M cooperative agreement to the Tennessee Department of Military for Army National Guard facilities work. Because the recipient is a state government entity, no publicly traded company has direct contract exposure, and the award is sub-material to any public market participant.

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Key Takeaways

  • 1.No publicly traded parent company or subsidiary holds this award; the recipient is the Tennessee state military department.
  • 2.Potential indirect beneficiaries are regional construction and engineering firms, but no specific subcontractors are identified in the award data.
  • 3.The related DEPOTS Act reinforces broader defense infrastructure spending but does not create a direct revenue stream for any named public company.

Market Implications

The $41.8M award is immaterial to national defense contractors such as LMT, RTX, NOC, or GD, which operate at multi-billion-dollar scales. Local construction and architectural/engineering firms may see task-order opportunities, but without a named prime contractor no public equity impact can be reliably assessed. Investors tracking defense infrastructure should monitor future task orders under this cooperative agreement for disclosures of participating construction management firms.

Full Analysis

The award is a $41.8M cooperative agreement from the Department of the Army to the Tennessee Department of Military, covering the TN Army National Guard Facilities Program (CA Award 1001) in Nashville, TN, with a five-year performance period from October 2024 through September 2029. This is a facilities program covering planning, construction, renovation, and maintenance for Tennessee Army National Guard installations. Cooperative agreements are assistance instruments rather than traditional procurement contracts, so the state agency acts as the recipient and manages the work, often issuing sub-awards to private contractors.

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Contract Details

Recipient

MILITARY, TENNESSEE DEPARTMENT OF

Award Amount

$32,109,852

Awarding Agency

Department of Defense

Sub-Agency

Department of the Army

Contract Type

COOPERATIVE AGREEMENT (B)

Related Bills

S5349

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