National Presto Industries Receives $139.3 Million U.S. Army Order for 40mm Training Ammunition

Reuters
2026.01.06 21:10
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National Presto Industries Inc. announced that its subsidiary, AMTEC Corporation, received a $139.3 million order from the U.S. Army for 40mm M918E2 High Velocity Target Practice cartridges. This is the second delivery order under a five-year IDIQ contract, with deliveries set to begin in early 2027. The announcement was made via EDGAR, the SEC's system, and is for informational purposes only.