National Presto Gets Army Deal
Posted: August 23, 2012
AMTEC, a wholly owned subsidiary of Eau Claire's own National Presto Industries, announced this month that it has been awarded an $81 million option in its current Department of the Army contract. This is the first award in the 2012 government fiscal year. However, the company explained it expects more awards in the future. The five year contract for 40mm ammunition is now valued at $364.7 million.