MISSISSIPPI EMERGENCY MANAGEMENT AGENCY: $78.8M Department of Homeland Security Federal Award
Summary
A $78.8M direct payment from FEMA to the Mississippi Emergency Management Agency for disaster family assistance. No publicly-traded company is the recipient or directly benefits. The contract underscores federal disaster relief spending but lacks a specific public-market catalyst.
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Key Takeaways
- 1.No publicly-traded company is the direct recipient or prime contractor.
- 2.The contract is a pass-through grant, not a revenue-generating contract for defense or construction firms.
- 3.Disaster relief spending remains steady but this award lacks a targeted market catalyst.
Market Implications
This contract has no direct market implications for publicly traded equities. Investors should instead focus on FEMA's overall procurement pipeline for disaster response goods and services.
Full Analysis
The Department of Homeland Security, via FEMA, awarded a $78.8M direct payment to the Mississippi Emergency Management Agency as pass-through grant for families in disaster areas. This is a non-reimbursable subsidy, not a procurement contract. Since the recipient is a state agency, no public company receives this revenue directly. No related legislation or presidential action specifically ties to this contract. The broader disaster relief sector sees sustained federal funding but this specific award is too diffuse to attribute to any single public company. Supply chain effects are negligible as the funds go directly to families.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
MISSISSIPPI EMERGENCY MANAGEMENT AGENCY: $29.0M Department of Homeland Security Federal Award
GEORGIA EMERGENCY MANAGEMENT AND HOMELAND SECURITY AGENCY: $20.1M Department of Homeland Security Federal Award
OFFICE OF EMERGENCY SERVICES: $75.7M Department of Homeland Security Federal Award
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $280M Department of Homeland Security Federal Award
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
MISSISSIPPI EMERGENCY MANAGEMENT AGENCY
Award Amount
$78,771,560
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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