National Presto Industries Inc. announced that its wholly owned subsidiary, AMTEC Corporation, has been awarded an Indefinite Delivery Indefinite Quantity (IDIQ) contract by the U.S. Army for 40mm Non-Recurring Engineering (NRE) services. The contract, issued on January 30, 2026, includes five ordering periods extending through January 29, 2031, with a maximum ceiling value of $49 million. The agreement covers integration, fabrication, and testing support for 40mm grenade ammunition, as well as assessment of new technologies, improved manufacturing capabilities, and life cycle management. Actual delivery order values will depend on military requirements, funding, and government procurement regulations.

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