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Recent Updates — NPK

August 14, 2026View Source ↗

National Presto Industries announced on August 14, 2026, that its defense subsidiaries received new contract awards totaling $159.1 million on August 13, 2026. AMTEC Corporation secured option awards under year five of its five-year 40mm systems contract with the U.S. Army, with deliveries scheduled from mid-2028 through early 2030. Spectra Technologies received a subcontract from The Boeing Company to produce warheads for the Small Diameter Bomb program, with deliveries commencing in September 2027. National Presto Industries operates in three business segments: Housewares/Small Appliance, Defense, and Safety.

August 3, 2026View Source ↗

National Presto Industries reported second quarter 2026 net sales of $146.6 million and net earnings per share of $2.21, compared to $120.4 million in sales and $0.72 per share in the prior year period. Defense segment sales rose $27.1 million (27.2%) due to increased shipments from backlog, driving operating earnings up 33.5%. Housewares/Small Appliances sales declined $1.2 million (6.2%) as tariff-related timing shifts and higher retail prices depressed consumer demand; however, the segment generated $2.2 million in operating earnings, largely from a Supreme Court-ordered refund of unauthorized tariffs. The Safety segment reported an anticipated loss despite nominal sales growth. For the first half of 2026, net sales reached $265.2 million with net earnings per share of $3.14. National Presto Industries manufactures defense ammunition and ordnance, household appliances under the PRESTO brand, and safety devices like smoke alarms.

June 16, 2026View Source ↗

On June 15, 2026, National Presto Industries, Inc. announced that its wholly owned subsidiary, National Defense Corporation (NDC), held a groundbreaking ceremony for a new medium caliber ammunition production and test facility. The facility will be located at NDC’s Tech Ord campus in Clear Lake, South Dakota. National Presto Industries, Inc. is a manufacturer of specialized products for the defense and commercial markets.