secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL PRESTO INDUSTRIES INC (NPK)
CIK:        0000080172
Form:       8-K
Filed at:   2023-04-05T23:59:59+00:00
Accession:  0001437749-23-009539
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

National Presto subsidiary AMTEC receives $88M U.S. Army option award for 40mm ammunition
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- U.S. Army awarded AMTEC $88.0M option under year two of five-year 40mm systems contract on March 31, 2023.
- Option covers high/low velocity tactical cartridges and high velocity training cartridges; deliveries from 2024 into early 2026.
- Combined with FY22 awards, total value of current five-year 40mm contract is $157.8 million.
- AMTEC is wholly-owned subsidiary of National Presto Industries (NPK).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80172/000143774923009539/0001437749-23-009539-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80172/000143774923009539/npk20230404_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-009539

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