NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $31.6M Department of Homeland Security Grant
Summary
This $31.6M grant from FEMA to the New York State Division of Homeland Security & Emergency Services reimburses pandemic response costs. As the recipient is a state government entity, no publicly traded companies directly benefit from this award.
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Key Takeaways
- 1.This is a reimbursement grant to a state agency, not a contract with a public company.
- 2.No tickers can be mapped to this award; it is a fiscal transfer for past pandemic costs.
- 3.Sector-level tailwinds in healthcare and infrastructure are negligible from this single grant.
Market Implications
This grant has zero direct equity market implications. Investors monitoring federal spending should note that state-level FEMA grants generally do not translate into public company revenue streams unless subcontracted to private firms, which is not indicated here.
Full Analysis
FEMA awarded a $31.6M project grant to New York State's Division of Homeland Security & Emergency Services under the Department of Homeland Security. The funding covers reimbursement for emergency protective measures taken during the pandemic, including medical care, vaccine distribution, and community engagement. Since the recipient is a state-level government agency, there is no direct public company beneficiary. The contract supports public health infrastructure broadly without channeling funds to specific private firms. Related bills in the congressional database (e.g., S5213 SMASH 2.0 Act) signal general healthcare sector attention but have low impact scores and no direct connection to this grant. Without a publicly traded counterparty, this award is structurally a neutral, routine reimbursement that does not drive shareholder value.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
IOWA HOMELAND SECURITY AND EMERGENCY MANAGEMENT DEPARTMENT: $142M Department of Homeland Security Grant
EMERGENCY MGMT DEPARTMENT OF: $108M Department of Homeland Security Grant
TEXAS DIVISION OF EMERGENCY MANAGEMENT: $263M Department of Homeland Security Grant
TEXAS DIVISION OF EMERGENCY MANAGEMENT: $263M Department of Homeland Security Grant
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Adjusting Imports of Unmanned Aircraft Systems and Unmanned Aircraft Systems Components into the United States
This proclamation imposes a 100% ad valorem tariff on imports of unmanned aircraft systems (UAS) over 25 kg, those with thermal imagers, docking stations, and certain components, and a 25% tariff on UAS under 25 kg and other components, citing national security under Section 232 of the Trade Expansion Act. It also authorizes the Department of Commerce to establish an onshoring program offering preferential tariff treatment for companies that build new U.S. manufacturing facilities for UAS and components.
Rebuilding the United States Navy and America’s Shipbuilding Industrial Base
This memorandum directs the Secretary of War to replace the Electromagnetic Aircraft Launch System with steam/hydraulic systems on aircraft carrier CVN-81, adopt a 'Finland Model' allowing foreign shipbuilders to bid on up to three ship classes if they build U.S. shipyards and transfer technology, and submit plans for a fifth public Navy yard, a component repair center, and competitive acquisitions for surface combatants and auxiliary vessels. It also restricts iterative design changes and delegates waiver authority for foreign shipbuilding contracts.
Delivering Gold Standard Childhood Vaccine Recommendations for Americans
This executive order directs HHS to establish a 'Gold Standard' childhood vaccine schedule with fewer recommended vaccines than current CDC guidelines, mandates that MMR be administered as three separate single-disease shots when domestically available, and instructs the DOJ to challenge state vaccine mandates that do not provide religious or medical exemptions. It also orders HHS to develop alternative adjuvants to aluminum and improve vaccine safety monitoring, while preserving access to existing vaccines.
Contract Details
Recipient
NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES
Award Amount
$31,602,927
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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