National Presto (NPK) lands U.S. Army IDIQ contract with $49M ceiling

Rhea-AI Filing Summary

National Presto Industries, Inc. reported that the U.S. Army has issued AMTEC Corporation, a wholly owned subsidiary in its Defense segment, an Indefinite Delivery Indefinite Quantity (IDIQ) contract for 40mm Non-Recurring Engineering services. The contract has a maximum ceiling value of $49 million, meaning actual orders and revenues will depend on future task awards. The company furnished a press release as an exhibit providing additional detail on the award.

Insights

Defense sector and government contracting analyst

National Presto’s defense arm secured an IDIQ contract with a $49M ceiling, but actual value depends on future Army orders.

The U.S. Army awarded AMTEC Corporation, within National Presto’s Defense segment, an IDIQ contract for 40mm Non-Recurring Engineering services with a maximum ceiling of $49 million. IDIQ structures authorize work up to a limit but do not guarantee the full amount will be ordered.

This award reinforces the company’s position as a supplier to the U.S. defense sector, but financial impact will hinge on the volume and timing of specific task orders issued under the contract. Future company filings and disclosures may clarify how much work is ultimately funded under this ceiling.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 30, 2026

National Presto Industries, Inc.

(Exact name of registrant as specified in this chapter)

Wisconsin		1-2451		39-0494170
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

3925 North Hastings Way Eau Claire, Wisconsin		54703-3703
(Address of principal executive office)		(Zip Code)

Registrant’s telephone number, including area code: 715-839-2121

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $1.00 par value	NPK	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐



If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events

On February 5, 2026, the Registrant announced the U.S. Army issued AMTEC Corporation, a wholly owned subsidiary within National Defense Corporation (“NDC”), Presto’s Defense segment holding company, an Indefinite Delivery Indefinite Quantity (IDIQ) contract for 40mm Non-Recurring Engineering (NRE) services with a maximum ceiling value of $49 million. A press release describing the award is filed as Exhibit 99.1 to this Form 8‑K. Such Exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No.	Description
99.1	Press Release of National Presto Industries, Inc. dated February 5, 2026
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

Forward looking statements in this Form 8-K are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There are certain important factors that could cause results to differ materially from those anticipated by some of the statements made herein. Investors are cautioned that all forward looking statements involve risks and uncertainty. In addition to the factors discussed above, among the other factors that could cause actual results to differ materially are the following: government defense spending and defense requirements; termination for the convenience of the government; interest rates; continuity of relationships with and purchases by the United States Government and other major customers; unexpected problems or events experienced by subcontractors, team members, or their respective suppliers or subcontractors; product mix; competitive pressure on pricing; increases in material, freight/shipping, labor or other production costs that cannot be recouped through pricing; and such other factors as may be described from time to time in the Registrant’s SEC filings.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	National Presto Industries, Inc. (Registrant)
Date: February 5, 2026	By:	/s/ Maryjo Cohen
		(Signature) Maryjo Cohen, President
		and Chief Executive Officer

FAQ

What contract did National Presto Industries (NPK) announce with the U.S. Army?

National Presto announced that AMTEC Corporation, its wholly owned Defense segment subsidiary, received an Indefinite Delivery Indefinite Quantity contract from the U.S. Army for 40mm Non-Recurring Engineering services, with a maximum ceiling value of $49 million over the contract’s life.

How large is the new U.S. Army IDIQ contract awarded to National Presto’s AMTEC unit?

The IDIQ contract awarded to AMTEC Corporation carries a maximum ceiling value of $49 million. That ceiling represents the upper limit of potential orders; actual revenue will depend on the specific task orders the U.S. Army chooses to place over time.

Which National Presto subsidiary received the 40mm NRE services contract?

The contract was issued to AMTEC Corporation, a wholly owned subsidiary within National Defense Corporation, which is National Presto’s Defense segment holding company. This underscores the company’s ongoing relationship with the U.S. Army for specialized munitions-related engineering work.

What type of work is covered by National Presto’s new Army contract?

The contract covers 40mm Non-Recurring Engineering (NRE) services. NRE work typically involves design, testing, and development engineering activities that support future or existing munitions programs, rather than routine production, and is funded through individual task orders under the IDIQ structure.

Does the $49 million ceiling mean National Presto will definitely receive that amount?

No. The $49 million figure is a maximum ceiling under the Indefinite Delivery Indefinite Quantity structure. It authorizes, but does not guarantee, that level of funding; actual revenues depend on the quantity and scope of task orders the Army ultimately issues.

Where can investors find more detail on National Presto’s contract announcement?

Additional detail is provided in a press release that National Presto furnished as Exhibit 99.1 to the report. The company notes this exhibit is not deemed filed under Section 18 and is not automatically incorporated into other securities law filings.