NAPC Defense Exceeds $1.4 Million Monthly Revenue in April and Targets Greatly Increased Annual Sales

Rhea-AI Summary

NAPC Defense (OTC:BLIS) reported over $1.4 million in gross sales for April 2026, driven by new federal subcontracts under large U.S. Navy and Air Force IDIQ contract vehicles with combined ceilings above $57 billion.

The company has awarded subcontracts of about $38 million, projects fiscal 2027 gross sales to exceed $90 million, and has secured a new credit facility to support scaling production and fulfilling growing federal demand through 2034.

Positive

• April 2026 gross sales exceeded $1.4 million
• Awarded federal subcontracts totaling approximately $38 million
• Fiscal 2027 gross sales projected to exceed $90 million
• Access to new credit facility for growth and working capital
• Participation in IDIQ contract vehicles with ceilings over $57 billion through 2032–2034

Negative

• None.

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New Federal Contract Vehicles Drive Immediate Revenue and Long-term Growth Visibility through 2034

CLEARWATER, Fla., May 20, 2026 (GLOBE NEWSWIRE) -- NAPC Defense, Inc. (OTCID: BLIS) (“NAPC Defense” or “the Company”), a U.S. licensed defense manufacturer with exclusive rights to produce and distribute the CornerShot USA system, and primary subcontractor supporting Native American Pride Constructors’ expanding government-contracting platform, today announced that it has begun successfully executing on its newly awarded federal contracts, delivering strong initial revenue performance and establishing momentum for significant growth in its upcoming fiscal year.

The Company reported over $1.4 million in gross sales for April 2026, reflecting early execution and success tied to the recently awarded contracts to Native American Pride Constructors LLC (“NAPC Constructors”) contracts. These Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles, originally awarded to NAPC Constructors, a privately held company, include U.S. Navy and U.S. Air Force programs with combined maximum funding ceilings exceeding $57 billion and performance periods extending through 2032 and 2034, respectively.

Management believes this early revenue milestone underscores the Company’s operational readiness and ability to rapidly convert newly secured contract opportunities into tangible financial results. The April performance exceeds $1.4 million in monthly revenue and represents a strong foundation for NAPC Defense. Based on current execution trends, awarded subcontracts totaling approximately $38 million, and a growing pipeline of task orders under these large-scale federal contract vehicles, NAPC Defense projects gross sales for its 2027 fiscal year, which begins May 1, 2026, to exceed $90 million.

To support this accelerated growth trajectory, the Company has also secured a new credit facility designed to provide additional financial flexibility as it ramps operations, scales production, and fulfills increasing demand under its expanding federal contract portfolio.

“This initial execution milestone demonstrates that our strategy is already delivering results,” stated Kenny West, NAPC Defense’s Chief Executive Officer. “We are positioned not only with defense contracting vehicles, but we are actively converting those opportunities into revenue. With strong early performance in April and a robust pipeline ahead, we believe NAPC Defense is entering a transformative growth phase.”

NAPC Defense expects continued revenue acceleration throughout the remainder of 2026 as additional task orders are awarded and fulfilled under these long-term federal contracting platforms.

About NAPC Defense, Inc.

NAPC Defense, Inc. (OTCID: BLIS) is the primary subcontractor for supporting a growing portfolio of U.S. government contracts that includes approximately $38.1 million in announced task orders and access to multi-billion-dollar Navy and Air Force IDIQ contract ceilings. In this role, NAPC Defense provides the operational team, infrastructure, and compliance framework to execute logistics, training, construction, sustainment, and mission-support programs worldwide, and is also a U.S.-licensed armament sales and production company with exclusive rights to manufacture and distribute the CornerShot USA weapons system, as well as to broker defense articles and munitions globally under applicable U.S. State Department and federal approvals.

For further information, please go to www.napcdefense.com

Forward-looking statements

This press release and statements by representatives of NAPC Defense, Inc. may include “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward looking statements, including, but not limited to, statements regarding the Company’s plans, objectives, expectations, strategies, and future performance. These statements are based on current assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including those described in the Company’s periodic reports filed with the U.S. Securities and Exchange Commission. NAPC Defense undertakes no obligation to update forward looking statements, except as required by law.

Investor and media contact

Media Inquiries and Demonstration Requests
Kenny West, Chief Executive Officer
NAPC Defense, Inc.
Phone 754 242 6272 ext. 713
info@napcdefense.com

FAQ

What revenue did NAPC Defense (OTC:BLIS) report for April 2026?

NAPC Defense reported over $1.4 million in gross sales for April 2026. According to NAPC Defense, this revenue comes from early execution of newly awarded federal subcontracts and is seen as a foundation for future growth under long-term government contract vehicles.

What federal contract vehicles support NAPC Defense BLIS growth through 2034?

NAPC Defense is executing subcontracts under U.S. Navy and U.S. Air Force IDIQ contract vehicles. According to NAPC Defense, these vehicles have combined maximum funding ceilings above $57 billion and performance periods extending to 2032 and 2034, providing long-term revenue visibility.

What fiscal 2027 sales outlook has NAPC Defense (BLIS) provided?

NAPC Defense projects fiscal 2027 gross sales to exceed $90 million. According to NAPC Defense, this outlook is based on current execution trends, approximately $38 million in awarded subcontracts, and a growing pipeline of task orders under its federal contract vehicles.

How large are NAPC Defense's awarded federal subcontracts as of May 2026?

NAPC Defense reports awarded subcontracts totaling about $38 million. According to NAPC Defense, these subcontracts are tied to U.S. Navy and Air Force IDIQ contract vehicles and support its expectations for revenue acceleration through 2026 and strong growth in fiscal 2027.

What does the new credit facility mean for NAPC Defense (BLIS) investors?

NAPC Defense has secured a new credit facility to support its growth. According to NAPC Defense, this facility is intended to provide financial flexibility as the company ramps operations, scales production, and fulfills increasing demand under its expanding portfolio of federal contracts.

How does NAPC Defense expect revenue to trend for the rest of 2026?

NAPC Defense expects revenue to accelerate throughout the remainder of 2026. According to NAPC Defense, additional task orders under long-term U.S. Navy and Air Force IDIQ contract platforms are anticipated to drive higher sales as the company continues executing and scaling production.

Why does NAPC Defense describe its current phase as transformative growth for BLIS?

NAPC Defense’s CEO describes the company as entering a transformative growth phase. According to NAPC Defense, this view reflects strong April 2026 revenue, large IDIQ contract access, awarded subcontracts, a robust task-order pipeline, and added liquidity from a newly secured credit facility.