contract_awardAwarded Wednesday, July 22, 2026Analyzed

STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $371M Department of Homeland Security Federal Award

Neutral

Summary

This $371M pass-through grant from FEMA to the State of Florida Division of Emergency Management provides direct financial aid to families in disaster areas. As a state government recipient, no publicly traded companies are directly impacted, and the contract does not signal new procurement opportunities for the private sector.

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Key Takeaways

  • 1.The $371M grant is a pass-through to a state agency, not a procurement contract for private companies.
  • 2.No publicly traded companies benefit directly from this award.
  • 3.Disaster relief grants of this nature typically do not create investment opportunities in the public market.

Market Implications

This contract has no direct market implications for publicly traded companies. The funds are allocated to the State of Florida for distribution to disaster-affected families, bypassing private sector contractors. Investors should focus on other contract awards that involve direct procurement from public companies or their subsidiaries.

Full Analysis

The contract is a direct payment from the Department of Homeland Security's Federal Emergency Management Agency to the State of Florida Division of Emergency Management, totaling $371M. It is classified as a subsidy or non-reimbursable direct financial aid, intended to support families affected by disasters. The recipient is a state government entity, not a publicly traded company, so there is no direct revenue impact on any public company. The contract does not involve competitive bidding or subcontracting opportunities that would benefit private firms. The related bills in the HillSignal database are unrelated to disaster relief or FEMA grants, covering topics such as healthcare, manufacturing, and defense supply chains. The presidential action on defense supply chains is also not connected to this disaster relief grant. Therefore, this contract has minimal implications for public equity markets, and no specific tickers should be associated with it.

Related Presidential Actions

Executive orders & memoranda affecting the same sectors or companies

proclamationAug 13, 2026

Adjusting Imports of Unmanned Aircraft Systems and Unmanned Aircraft Systems Components into the United States

This proclamation imposes a 100% ad valorem tariff on imports of unmanned aircraft systems (UAS) over 25 kg, those with thermal imagers, docking stations, and certain components, and a 25% tariff on UAS under 25 kg and other components, citing national security under Section 232 of the Trade Expansion Act. It also authorizes the Department of Commerce to establish an onshoring program offering preferential tariff treatment for companies that build new U.S. manufacturing facilities for UAS and components.

presidential_memorandumAug 13, 2026

Rebuilding the United States Navy and America’s Shipbuilding Industrial Base

This memorandum directs the Secretary of War to replace the Electromagnetic Aircraft Launch System with steam/hydraulic systems on aircraft carrier CVN-81, adopt a 'Finland Model' allowing foreign shipbuilders to bid on up to three ship classes if they build U.S. shipyards and transfer technology, and submit plans for a fifth public Navy yard, a component repair center, and competitive acquisitions for surface combatants and auxiliary vessels. It also restricts iterative design changes and delegates waiver authority for foreign shipbuilding contracts.

Exec OrderJul 20, 2026

Securing America’s Defense Supply Chains and Ensuring Domestic Acquisition of Critical Materials

This executive order restricts waivers for foreign-sourced critical materials in defense contracts, effective January 1, 2027, and mandates that defense contractors map their supply chains from raw materials to end products, vet subcontractors for risks, and prohibit covered materials from unreliable foreign suppliers. It directs the Secretary of War to enforce strict compliance, including requiring mitigation plans for any non-compliant materials and establishing penalties for fraud or willful noncompliance.

Contract Details

Recipient

STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT

Award Amount

$371,304,258

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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