NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT: $190M Department of Homeland Security Grant
Summary
This $190M FEMA grant to the New Mexico Department of Homeland Security and Emergency Management supports disaster recovery and hazard mitigation. As the recipient is a state government entity, no publicly traded companies are directly impacted.
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Key Takeaways
- 1.The award is a routine FEMA grant to a state government, not a public company.
- 2.No publicly traded tickers are affected by this contract.
- 3.Disaster recovery spending remains a steady sector tailwind for infrastructure-related companies, but this specific award lacks direct public market exposure.
Market Implications
This contract has no direct implications for public equity markets. It is a standard FEMA disbursement to a state agency for disaster recovery. Investors monitoring federal spending may note the ongoing commitment to infrastructure resilience, but no specific tickers are tied to this award.
Full Analysis
The contract is a project grant from FEMA to the New Mexico Department of Homeland Security and Emergency Management, totaling $190M. It funds debris removal, emergency protective measures, and restoration of public facilities under FEMA's Public Assistance Program. Since the recipient is a state agency, there is no direct public company beneficiary. The contract reflects ongoing federal investment in disaster resilience but does not create a specific catalyst for any traded equity. Related legislation and presidential actions are not directly connected to this award.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
ARKANSAS DIVISION OF EMERGENCY MANAGEMENT: $41.2M Department of Homeland Security Grant
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $120M Department of Homeland Security Grant
NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT: $151M Department of Homeland Security Grant
GOVERNOR'S AUTHORIZED REPRESENTATIVE: $81.2M 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
NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT
Award Amount
$190,066,858
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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