other material
confidence high
sentiment positive
materiality 0.65
National Presto receives $36.2M U.S. Army option award for 40mm systems contract
NATIONAL PRESTO INDUSTRIES INC
- AMTEC Corp., NPK's subsidiary, awarded $36.2M in FY2023 options for high/low velocity tactical cartridges.
- Deliveries for the option award are scheduled for 2025.
- Total value of the five-year 40mm systems contract is now $190.7M including prior awards.