TENNESSEE EMERGENCY MANAGEMENT AGENCY: $57.0M Department of Homeland Security Grant
Summary
This $57M FEMA grant to the Tennessee Emergency Management Agency supports disaster recovery and mitigation, but as a state-level award it does not directly benefit any publicly traded company. The contract reinforces federal commitment to infrastructure resilience, aligning with legislative efforts like the Promoting Resilient Buildings Act.
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Key Takeaways
- 1.The $57M FEMA grant is a routine disaster recovery award to a state agency, not a public company.
- 2.No publicly traded tickers are directly impacted; the contract is a pass-through to local contractors.
- 3.Legislative momentum from S388 (Promoting Resilient Buildings Act) supports long-term infrastructure resilience spending.
Market Implications
This contract has negligible direct market implications due to the absence of a publicly traded recipient. The broader trend of federal disaster spending supports companies like $CAT (heavy equipment) and $EMR (infrastructure services) through subcontracting, but the $57M amount is too small to move these diversified firms. The Promoting Resilient Buildings Act, if passed, could create a more sustained tailwind for building materials and engineering firms.
Full Analysis
The Department of Homeland Security, through FEMA, awarded a $57M project grant to the Tennessee Emergency Management Agency for disaster recovery under the Public Assistance Program. This grant covers debris removal, emergency protective measures, and restoration of public facilities. Since the recipient is a state government entity, no publicly traded company receives direct revenue from this award. However, the contract signals ongoing federal investment in disaster resilience and infrastructure repair, which indirectly supports companies in construction, engineering, and emergency services. The Promoting Resilient Buildings Act (S388) is a related bullish bill that would further incentivize hazard mitigation, potentially increasing future contract opportunities for firms specializing in resilient construction and materials. Without a direct public beneficiary, the market impact is limited to broad sector tailwinds.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $120M Department of Homeland Security Grant
OFFICE OF EMERGENCY SERVICES: $36.9M Department of Homeland Security Grant
PUBLIC SAFETY, MISSOURI DEPARTMENT OF: $19.3M Department of Homeland Security Grant
TEXAS DIVISION OF EMERGENCY MANAGEMENT: $333M Department of Homeland Security Grant
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Restoring Reciprocity in Government Procurement
This Presidential Memorandum directs the Office of Management and Budget, the U.S. Trade Representative, and other federal agencies to identify and remove Canadian-origin items from federal civil procurement where possible, citing Canada's 'Buy Canadian' policies as discriminatory. It also requires agencies to be notified of domestic alternatives and mandates ongoing monitoring of Canada's procurement practices, with provisions for restoring access if Canada changes its policies.
Providing Meaningful Water Quality Improvements Through Collaboration and Oversight of Federal Support
This executive order revokes Executive Order 13508, which had mandated Chesapeake Bay restoration efforts, and directs federal agencies to prioritize funding for direct, on-the-ground water quality projects. It also instructs the EPA to work with states to assess and encourage the repeal of stormwater management fees (rain taxes) that have burdened residents, aiming to reduce costs while maintaining environmental progress.
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.
Contract Details
Recipient
TENNESSEE EMERGENCY MANAGEMENT AGENCY
Award Amount
$57,002,934
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
Related Bills
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