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NATIONAL PRESTO INDUSTRIES (NPK)

National Presto Industries, Inc. (NPK) is a diversified company engaged in the design, marketing, and distribution of housewares and small electrical appliances, as well as the manufacturing of defense-related products and safety technology. The company sells a wide range of kitchen appliances under the PRESTO® brand, defense products including ammunition and military energetic devices, and safety products such as carbon monoxide alarms and monitoring systems. NPK's operations are primarily focused on the North American market.

  1. Defense Segment - Manufactures and supplies a variety of defense-related products, including medium caliber ammunition, energetic ordnance items, and military energetic devices. The segment has expanded through acquisitions and holds significant contracts with the U.S. Government.

  2. Housewares/Small Appliance Segment - Designs, markets, and distributes housewares and small electrical appliances, including pressure cookers, air fryers, and waffle makers, primarily sourced from non-affiliated suppliers in the Orient and sold in North America.

  3. Safety Segment - Provides innovative safety technology products, including carbon monoxide alarms and monitoring systems for various conditions. This segment includes startup companies focusing on advanced safety solutions.

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CustomerRelationshipSegmentDetails

Amazon.com, Inc.

The company sells housewares and small appliances; no long-term supply contract

Housewares/Small Appliance

Accounted for 10% ($38.82 million) of 2024 net sales , and 11% ($37.50 million) of 2023 net sales.

Recent press releases and 8-K filings for NPK.

National Presto Industries, Inc. Subsidiary Receives $168.1 Million Defense Contract Award
·$NPK
New Projects/Investments
  • National Presto Industries, Inc. (NPK) announced that its wholly-owned subsidiary, AMTEC Corporation, received an option award from the U.S. Army totaling $168.1 million.
  • This award is for year four (Government Fiscal Year 2025) of AMTEC’s current five-year 40mm systems contract.
  • Deliveries under this option award are scheduled to commence in early 2026 and continue through early 2030.
  • The combined total value of the current five-year 40mm systems contract, including this award and prior Government FY22, FY23, FY24, and FY25 awards, is $965 million.
4 hours ago
National Presto Industries Inc Announces Q1 2025 Earnings
·$NPK
Earnings
Revenue Acceleration/Inflection
  • Q1 2025 results report increased net sales of $103.6 million and net earnings of $7.61 million, showing an improvement from the previous year.
  • The Defense segment achieved a significant sales increase of 47.1% (totaling $25.9 million) with operating earnings up by 58.6%, driven by enhanced shipments from its backlog.
  • Tariff impacts, including a rise to 145% under the Trump tariffs, have led to delays in new product announcements and purchases.
May 7, 2025, 12:00 AM
National Presto Industries Announces Defense Segment Contract Awards
·$NPK
New Projects/Investments
  • AMTEC Corporation, the wholly-owned subsidiary of National Presto Industries, received multiple contract awards totaling $139.7M for 40mm cartridges.
  • Deliveries under these defense contracts are scheduled to begin in 2025 and conclude in 2029.
Apr 2, 2025, 12:00 AM