AMTEC awarded $49M IDIQ contract by U.S. Army for 40mm NRE services

NATIONAL PRESTO INDUSTRIES INC

U.S. Army issues AMTEC Corp. (wholly owned subsidiary) IDIQ contract for 40mm NRE services with $49M max ceiling.
Contract spans five ordering periods through January 29, 2031.
Work includes 40mm grenade ammunition integration, fabrication, testing, and enhanced lethality/accuracy tech.
Actual delivery order values depend on military requirements, funding, and procurement regulations.
Award signals continued partnership with U.S. Army for medium caliber ammunition support.

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