National Presto Industries, Inc. (NYSE: NPK) announced that its wholly-owned subsidiary, AMTEC Corporation, received a $119.8 million Indefinite Delivery Indefinite Quantity (IDIQ) contract from the U.S. Army. This contract represents the third delivery order under AMTEC's current five-year IDIQ contract. The award is for the production of 40mm M918E2 High Velocity Target Practice Day / Night / Thermal (TP-DNT) cartridges. Deliveries under this specific order are scheduled to commence in late 2027. National Presto operates in three business segments: Housewares/Small Appliance, Defense, and Safety.