TENNESSEE EMERGENCY MANAGEMENT AGENCY: $26.3M Department of Homeland Security Federal Award
Summary
This $26.3M contract is a FEMA pass-through grant to the Tennessee Emergency Management Agency for disaster relief. As a private state entity, no publicly traded companies are directly benefited, and no recent legislation or executive actions are specifically tied to this award.
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Key Takeaways
- 1.The contract is a direct grant to a state agency, not a public company.
- 2.No immediate market implications for publicly traded equities.
- 3.Disaster relief spending is non-commercial and does not create shareholder value.
Market Implications
The $26.3M award is a routine federal transfer to a state emergency management office. It does not generate revenue for any publicly traded entity, nor does it signal a shift in sector spending. The market can ignore this contract entirely for equity analysis.
Full Analysis
The contract is a direct payment from the Department of Homeland Security's FEMA to the Tennessee Emergency Management Agency, intended to provide financial aid to families in a disaster area. The $26.3 million award is a non-reimbursable subsidy, typical for federal disaster relief programs. Since the recipient is a state government agency, no publicly traded company receives direct revenue from this contract. The award supports infrastructure and emergency management capacity in Tennessee but does not flow through to corporate contractors. Related legislative activity in the HillSignal database shows no bills directly addressing FEMA disaster relief grants, and the recent presidential action on defense supply chains is unrelated to this domestic disaster aid. Therefore, the market impact is negligible, with no specific tickers or sectors experiencing a material change.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
TENNESSEE EMERGENCY MANAGEMENT AGENCY: $59.5M Department of Homeland Security Federal Award
TENNESSEE EMERGENCY MANAGEMENT AGENCY: $29.0M Department of Homeland Security Federal Award
DEPARTMENT OF MILITARY AFFAIRS WISCONSIN: $27.0M Department of Homeland Security Federal Award
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $280M Department of Homeland Security Federal Award
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
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.
Declaring a National Emergency to Secure the United States Bulk-Power System
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.
The National Space Transportation Policy
This memorandum directs multiple agencies to expand and modernize U.S. space launch and reentry infrastructure to support over 1,000 launches annually by 2030, expedite permitting and environmental reviews, develop new federal reentry sites, and strengthen the space transportation industrial base. It mandates range scheduling transparency, spectrum reliability, and workforce development, with specific reports and plans due within 90 to 240 days.
Contract Details
Recipient
TENNESSEE EMERGENCY MANAGEMENT AGENCY
Award Amount
$26,333,403
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
DIRECT PAYMENT FOR SPECIFIED USE, AS A SUBSIDY OR OTHER NON-REIMBURSABLE DIRECT FINANCIAL AID (C)
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