Geopolitics Alpha

Federal award to R.E.D. CONSTRUCTION SERVICES, LLC — $19,859,022

Published . Updated .

Department of Veterans Affairs / Department of Veterans Affairs awarded R.E.D. CONSTRUCTION SERVICES, LLC $19,859,022.

Directly affected

  • No company is named in this report.

Indirectly affected

  • IEZ ISHARES U.S. OIL EQUIPMENT & SERVICES ETF

    GA selected IEZ as a RELATED security because its canonical security name directly matches this event's themes: services. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • PKB INVESCO BUILDING & CONSTRUCTION ETF

    GA selected PKB as a RELATED security because its canonical security name directly matches this event's themes: construction. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IEZ———————
PKB———————

Department of Veterans Affairs -> R.E.D. CONSTRUCTION SERVICES, LLC

Source: usaspending

The price since 9 Oct 2026: Ishares U.S. Oil Equipment & Services Etf (IEZ) versus the S&P 500

Since the first closing price after “Federal award to R.E.D. CONSTRUCTION SERVICES, LLC — $19,859,022,” Ishares U.S. Oil Equipment & Services Etf (IEZ) is -1.00%. The S&P 500 fund (SPY) is -1.47% over the same days, a +0.47% difference versus the market.

IEZ
SPY

Who gains and who loses around Ishares U.S. Oil Equipment & Services Etf (IEZ)

Companies tied to this story

  • IEZ Ishares U.S. Oil Equipment & Services Etf

    For “Federal award to R.E.D. CONSTRUCTION SERVICES, LLC — $19,859,022,” Ishares U.S. Oil Equipment & Services Etf (IEZ) is linked, with no stored direction, medium confidence. Reason on file: GA selected IEZ as a RELATED security because its canonical security name directly matches this event's themes: services. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • PKB Invesco Building & Construction Etf

    In “Federal award to R.E.D. CONSTRUCTION SERVICES, LLC — $19,859,022,” Invesco Building & Construction Etf (PKB) is linked, with no stored direction, medium confidence. Reason on file: GA selected PKB as a RELATED security because its canonical security name directly matches this event's themes: construction. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Ishares U.S. Oil Equipment & Services Etf (IEZ)

On 9 Oct 2026, “Federal award to R.E.D. CONSTRUCTION SERVICES, LLC — $19,859,022” is the story that connects Ishares U.S. Oil Equipment & Services Etf (IEZ) to this story.

The link for Ishares U.S. Oil Equipment & Services Etf (IEZ) is this: GA selected IEZ as a RELATED security because its canonical security name directly matches this event's themes: services. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Invesco Building & Construction Etf (PKB) is here too. Its reason reads: GA selected PKB as a RELATED security because its canonical security name directly matches this event's themes: construction. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for Ishares U.S. Oil Equipment & Services Etf (IEZ)

IEZ traded between 25.75 and 28.18 across 20 sessions. The latest close on file is 26.76. PKB traded between 86.54 and 94.29 across 20 sessions. The latest close on file is 87.06.

How strong the case is around Ishares U.S. Oil Equipment & Services Etf (IEZ)

21 out of 100

“Federal award to R.E.D. CONSTRUCTION SERVICES, LLC — $19,859,022” scores 21 out of 100. The score uses 1 sources, and 2 linked companies.