National Presto Industries wins US Army IDIQ contract for 40mm NRE services.
ByAinvest
Thursday, Feb 5, 2026 4:27 pm ET1min read
NPK--
National Presto Industries, Inc. announced that its subsidiary, AMTEC Corporation, received an Indefinite Delivery Indefinite Quantity (IDIQ) contract from the U.S. Army for 40mm Non-Recurring Engineering (NRE) services. The contract includes five ordering periods extending to January 29, 2031, and aims to enhance lethality and accuracy technologies for legacy and future 40mm grenade ammunition. The contract also seeks to improve production and manufacturing capabilities for 40mm ammunition.
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