AMTEC receives $168M U.S. Army contract for 40mm systems

National Presto's subsidiary AMTEC Corporation received a $168.1 million option award from the U.S. Army under its five-year 40mm systems contract, bringing the total contract value to $965 million. Deliveries are set to begin in early 2026 and continue through early 2030.

“AMTEC Corporation received a $168.1 million option award from the U.S. Army under the fourth year of its five-year 40mm systems contract.”barchart.com

• 1 source
• barchart.comNational Presto’s AMTEC Wins $168M Army ContractTipranksOct 2, 2025

Summarized from public sources; check the original articles before acting on it.