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

Reuters
Jan 07
National Presto Industries Receives $139.3 Million U.S. Army Order for 40mm Training Ammunition

National Presto Industries Inc. announced that its wholly owned subsidiary, AMTEC Corporation, received the second delivery order under its current five-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract from the U.S. Army. The order, valued at $139.3 million, is for the production of the 40mm M918E2 High Velocity Target Practice - Day / Night / Thermal (TP-DNT) cartridge. Deliveries are scheduled to begin in early 2027.

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