National Defense Corporation
Prime Contractor to the U.S. Army & International Allies for 40mm Ammunition & Fuzing. Assembly of Mechanical Devices to Defense Contractors.
Produces Full Load, Assembly, & Pack Services, Ordnance Manufacturing, Warheads, Grenades, Ammunition, Demolition Products & Ordnance Design, Testing & General “Work for Others” Manufacturing Services.
World’s Leader in the Production of Medium Caliber Cartridge Cases (Brass, Aluminum, & Steel). Precision Defense Components, Including Warhead Bodies.
NDC will have representatives at these upcoming events:
September 20th – 2021 – NDIA Picatinny Chapter, Jim Shields Memorial Golf Event
October 11-13th – 2021 – AUSA Annual Meeting, Washington DC, Booth 833
October 18-21st – 2021 – NDIA Future Force Capabilities Conference, Columbus, GA
NATIONAL PRESTO INDUSTRIES, INC. ANNOUNCES DEFENSE CONTRACT OPTION AWARD
Eau Claire, Wisconsin (April 1, 2021) – National Presto Industries, Inc. (NYSE: NPK) announced today that on March 30, 2021, AMTEC Corporation, its wholly-owned subsidiary, received a $102.1 million option award under year five (Government Fiscal Year (FY) 2021) of AMTEC’s current five-year 40mm systems contract with the Department of the Army. The option award is for high velocity training cartridges, with deliveries scheduled to begin in mid-2021 and continue over multiple years.
National Presto Industries, Inc. operates in three business segments. The Housewares/Small Appliance segment designs and sells small household appliances and pressure cookers under the PRESTO® brand name. The segment is recognized as an innovator of new products. The Defense segment manufactures a variety of products, including medium caliber training and tactical ammunition, energetic ordnance items, fuzes, and cartridge cases. The Safety segment currently consists of two startup companies. The first is Rusoh, Inc., which designs and markets the Rusoh® Eliminator® fire extinguisher, the first owner-maintained fire extinguisher. The second is OneEvent Technologies, Inc. It offers systems that provide early warning of conditions that, if not corrected, would cause significant losses.
This release contains “forward looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that are subject to certain risks and uncertainties, as well as assumptions, that could cause actual results to differ materially from historical results and those presently anticipated or projected. In addition to the factors discussed above, other important risk factors are delineated in the Company’s various SEC
Proud to be members of the following organizations
The Munitions Industrial Base Task Force (MIBTF) is a trade association of U.S. munitions manufacturers, and currently has 16 member companies The MIBTF works to make sure there is adequate funding and policies to sustain a responsive, capable U.S. munitions industrial base to develop, produce, and support superior munitions for the U.S. and is allies.
The Association of the United States Army is a private, non-profit organization that acts primarily as an advocacy group for the United States Army. Founded in 1950, it has 125 chapters worldwide.
The Department of Defense Ordnance Technology Consortium (DOTC) was commissioned by the Under Secretary of Defense for Acquisition, Technology and Logistics as a DoD initiative. The goal was to facilitate collaborative Government, Industry and Academic ordnance technology development and prototyping. Initially in 2000 the National Armaments Consortium (NAC) was partnered with the Army’s Warheads and Energetics Technology Center, or WETC, located at Picatinny Arsenal in New Jersey. Shortly after the NAC/WETC partnership was forged, the NAC expanded its role and became the industrial/academic component of the newly formed DOTC when it was stood up as a purple organization in December 2002.