National Presto Defense segment awarded $818.9M IDIQ contract and $48M TOW warhead subcontract

NATIONAL PRESTO INDUSTRIES INC

AMTEC Corp awarded 5-year IDIQ contract for 40mm M918E2 TP-DNT cartridge, maximum value $818.9M.
Spectra Technologies received follow-on subcontract from Raytheon for TOW 2B missile warhead, value ~$48M.
Contracts support day/night/thermal training ammunition and anti-tank missile production.
Actual award amounts depend on military requirements and government procurement regulations.

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