other material
confidence high
sentiment positive
materiality 0.75
NPK defense unit wins $119.8M U.S. Army contract for 40mm TP-DNT ammunition
NATIONAL PRESTO INDUSTRIES INC
- AMTEC, wholly owned subsidiary, received $119.8M delivery order from U.S. Army for 40mm M918E2 TP-DNT cartridges.
- This is the third delivery order under AMTEC's existing five-year IDIQ contract.
- Deliveries on the $119.8M order will begin in late 2027.
- The award bolsters NPK's Defense segment, which manufactures medium-caliber ammunition, fuzes, and metal parts.