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National Presto Wins Major U.S. Army Ammunition Order

Story Highlights
  • National Presto’s AMTEC subsidiary received a $119.8 million U.S. Army delivery order on March 26, 2026.
  • The new 40mm training ammunition order strengthens National Presto’s defense backlog and underscores persistent military demand.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
National Presto Wins Major U.S. Army Ammunition Order

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An update from National Presto ( (NPK) ) is now available.

On March 26, 2026, the U.S. Army issued AMTEC Corporation, a wholly owned subsidiary within National Presto’s Defense segment, a third delivery order under its existing five-year Indefinite Delivery, Indefinite Quantity contract for production of the 40mm M918E2 High Velocity Target Practice – Day / Night / Thermal cartridge. National Presto disclosed that the value of this new delivery order is $119.8 million, with deliveries scheduled to begin in late 2027, reinforcing the company’s role as a key supplier of training ammunition to the U.S. military and adding substantial contracted backlog for its defense operations.

The award underscores the continued demand for National Presto’s defense products and may enhance revenue visibility and production planning within its Defense segment over the coming years. For stakeholders, the sizable order highlights the strategic importance of the defense business within the company’s diversified portfolio and signals ongoing alignment with U.S. Army training and readiness requirements.

The most recent analyst rating on (NPK) stock is a Hold with a $141.00 price target. To see the full list of analyst forecasts on National Presto stock, see the NPK Stock Forecast page.

Spark’s Take on NPK Stock

According to Spark, TipRanks’ AI Analyst, NPK is a Neutral.

The score is most constrained by deteriorating cash-flow quality and weaker margin consistency despite revenue growth and a low-debt profile. Technicals are mildly supportive and corporate events add positive defense backlog visibility, but valuation and a low dividend yield offer limited upside support on their own.

To see Spark’s full report on NPK stock, click here.

More about National Presto

National Presto Industries, Inc. is a diversified manufacturer operating in three segments: Housewares/Small Appliance, Defense, and Safety. Its housewares unit designs and sells small household appliances and pressure cookers under the PRESTO brand, the defense segment produces medium caliber training and tactical ammunition and related ordnance components, and the safety segment provides smoke and carbon monoxide alarms and commercial fire extinguishers.

The company’s product portfolio serves both consumer markets through its branded appliances and safety devices, and government and defense customers through its ammunition and energetic ordnance offerings. This mix of segments positions National Presto at the intersection of consumer durables and defense manufacturing, giving it exposure to household spending trends as well as U.S. military procurement cycles.

Average Trading Volume: 85,433

Technical Sentiment Signal: Buy

Current Market Cap: $977.4M

Learn more about NPK stock on TipRanks’ Stock Analysis page.

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