National Presto Industries Subsidiary Wins $49 Million U.S. Army IDIQ Contract for 40mm Ammunition Services
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National Presto Industries Inc. announced that its subsidiary, AMTEC Corporation, has secured a $49 million IDIQ contract from the U.S. Army for 40mm ammunition services. The contract, effective from January 30, 2026, spans five ordering periods until January 29, 2031, covering integration, fabrication, testing support, and technology assessment for grenade ammunition. Delivery order values will vary based on military needs and funding.
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