NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $67.6M Department of Homeland Security Grant
Summary
This $67.6M FEMA grant to New York State supports disaster recovery under the Public Assistance program. As the recipient is a state government entity, no publicly traded companies are directly impacted.
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Key Takeaways
- 1.Grant is to a state government, not a public company.
- 2.No direct stock market impact from this award.
- 3.Disaster recovery spending is ongoing but not tied to specific public equities here.
Market Implications
This contract has no direct implications for publicly traded companies. The $67.6M is allocated to state-level disaster response, and any subcontracting would be at the state's discretion without named beneficiaries. No tickers are affected.
Full Analysis
The Department of Homeland Security, through FEMA, awarded a $67.6M project grant to the New York State Division of Homeland Security & Emergency Services. The funding covers debris removal, emergency protective measures, and restoration of disaster-damaged public facilities. Since the grantee is a state agency, there is no direct public company beneficiary. While disaster recovery often benefits construction and engineering firms, this specific award does not name any private contractors. No related legislation or executive actions directly connect to this grant. The contract is a routine allocation of federal disaster assistance, not a market-moving event.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $63.5M Department of Homeland Security Grant
EMERGENCY MGMT DEPARTMENT OF: $33.5M Department of Homeland Security Grant
DEPARTMENT OF MILITARY NEBRASKA: $26.2M Department of Homeland Security Grant
TENNESSEE EMERGENCY MANAGEMENT AUTHORITY: $57.7M Department of Homeland Security Grant
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Contract Details
Recipient
NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES
Award Amount
$67,598,695
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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