ALASKA DEPARTMENT OF MILITARY AND VETERAN'S AFFAIRS: $31.8M Department of Homeland Security Federal Award
Summary
This contract is a $31.8M pass-through grant from FEMA to the Alaska Department of Military and Veteran's Affairs for disaster assistance families. As the recipient is not a publicly-traded entity, no tickers are directly affected, and the contract has minimal market impact.
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Key Takeaways
- 1.No publicly-traded companies are direct or indirect recipients of this contract.
- 2.The $31.8M amount is too small to shift market dynamics in any sector.
- 3.Pass-through grants to state agencies typically have no stock market impact.
Market Implications
There are no direct market implications for publicly-traded stocks. The contract is a routine pass-through grant to a state government entity, with no corporate beneficiaries. Sectors like infrastructure or consumer goods are unaffected as the funds go to direct family assistance, not procurement of goods or services from public companies.
Full Analysis
The award is a direct payment from the Department of Homeland Security (FEMA) to a state government agency for families in disaster areas. Since the recipient is a non-public entity, no publicly-traded companies benefit directly. The contract does not tie to any specific bill in the provided signals that would indicate a broader legislative push for disaster relief stockpiling or infrastructure spending. The $31.8M amount is modest relative to the federal budget and unlikely to move any sector materially. Without a public company parent or subsidiary, the market implications are negligible. Retail investors should note that while disaster relief spending can indicate broader FEMA activity, this specific award lacks the scale or corporate connection to warrant stock-level action.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $280M Department of Homeland Security Federal Award
MISSISSIPPI EMERGENCY MANAGEMENT AGENCY: $29.0M Department of Homeland Security Federal Award
OFFICE OF EMERGENCY SERVICES: $28.6M Department of Homeland Security Grant
HOMELAND SECURITY & EMERGENCY: $12.5M Department of Homeland Security Federal Award
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Contract Details
Recipient
ALASKA DEPARTMENT OF MILITARY AND VETERAN'S AFFAIRS
Award Amount
$31,759,940
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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