other material
confidence high
sentiment positive
materiality 0.75
National Presto subsidiary wins $139.7M in 40mm cartridge contracts
NATIONAL PRESTO INDUSTRIES INC
- AMTEC received multiple awards totaling $139.7M for 40mm cartridges from various customers.
- Deliveries scheduled to begin in 2025 and complete in 2029.
- Awards support National Presto's Defense segment, which manufactures medium caliber ammunition and ordnance.