NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $31.6M Department of Homeland Security Grant
Summary
This $31.6M FEMA grant to the New York State Division of Homeland Security & Emergency Services reimburses pandemic-related emergency measures. As the recipient is a state government entity, no publicly traded companies are directly impacted.
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Key Takeaways
- 1.No publicly traded companies are directly tied to this contract.
- 2.The grant supports state-level pandemic response, not corporate profits.
- 3.Related legislation focuses on technology and healthcare modernization but lacks direct linkage.
Market Implications
This contract has no direct market implications for publicly traded companies. Investors should monitor broader FEMA grant trends for indirect sector impacts on healthcare and emergency services, but no actionable tickers emerge from this award.
Full Analysis
The Department of Homeland Security, through FEMA, awarded a $31.6M project grant to the New York State Division of Homeland Security & Emergency Services. The funds reimburse state and local governments for emergency protective measures taken during the pandemic, including vaccination distribution, medical sheltering, and public health communication. Since the recipient is a state government agency, there is no direct publicly traded company beneficiary. This contract reflects ongoing federal support for pandemic response infrastructure at the state level, which may indirectly benefit healthcare service providers and emergency management contractors, but no specific public companies can be reliably identified from this award alone. The related bill signals, such as HR7801 (Cloud LAB Act) and S4069 (AI-Ready Bio-Data Standards Act), are bullish for technology and healthcare sectors but do not directly connect to this specific grant.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
EMERGENCY MANAGEMENT AGENCY MAINE: $50.6M Department of Homeland Security Grant
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $1.5B Department of Homeland Security Grant
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $452M Department of Homeland Security Grant
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $34.5M Department of Homeland Security Grant
Related Presidential Actions
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Adjusting Certain Delegations Under the Defense Production Act
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This executive order declares a national emergency to restrict foreign-produced bulk-power system electric equipment that poses national security risks, prohibiting new transactions involving equipment from covered foreign entities and allowing the Secretary of Energy to impose conditions on existing equipment. It directs the Secretary of Energy, in coordination with multiple agencies, to identify, mitigate, and potentially replace risky equipment, and establishes a pre-qualification list for approved vendors.
Contract Details
Recipient
NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES
Award Amount
$31,602,251
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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