contract_award•Awarded Friday, September 18, 2026Analyzed

IOWA DEPARTMENT OF PUBLIC DEFENSE: $43.6M Department of Defense Grant

Neutral

Summary

This $43.6M cooperative agreement from the Department of the Army funds Iowa Army National Guard facilities programs, but the recipient is the Iowa Department of Public Defense, a state agency, not a publicly traded company. No public ticker can be directly attributed, and the market impact is minimal.

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Full Analysis

The award is a $43.6M cooperative agreement from the Department of Defense/Department of the Army to the Iowa Department of Public Defense under the Army National Guard Facilities Program. The period runs from October 1, 2025 to March 31, 2027, indicating a multi-year facilities-related effort. Because the recipient is a state government entity, not a public company or subsidiary, there is no direct public equity beneficiary to map from this award.

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Contract Details

Recipient

IOWA DEPARTMENT OF PUBLIC DEFENSE

Award Amount

$40,612,825

Awarding Agency

Department of Defense

Sub-Agency

Department of the Army

Contract Type

COOPERATIVE AGREEMENT (B)

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