National Presto Industries Inc 8-K, filed Feb 14, 2025
National Presto Industries Inc (NPK)
About this 8-K
National Presto Industries Inc filed this 8-K on February 14, 2025, reporting on events of February 10, 2025.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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(Address of principal executive office)
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(Zip Code)
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Exhibit No.
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Description
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99.1
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL document)
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National Presto Industries, Inc.
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(Registrant)
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Date: February 14, 2025
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By:
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/s/ Maryjo Cohen
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(Signature) Maryjo Cohen, President
and Chief Executive Officer
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Exhibit 99.1
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NEWS RELEASE |
CONTACT: David Peuse |
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FOR IMMEDIATE RELEASE |
(715) 839-2146 |
NATIONAL PRESTO INDUSTRIES, INC. ANNOUNCES DEFENSE SEGMENT AWARDS
Eau Claire, Wisconsin (February 12, 2025) – National Presto Industries, Inc. (NYSE: NPK) announced today that AMTEC Corporation, its wholly-owned subsidiary, recently received three awards totaling $71.2M for 40mm cartridges in support of Ukraine, Impact Switches used in Mortar Fuzes, and energetic components used in medium and large caliber ammunition. Deliveries are scheduled to commence in 2025 and complete in 2026.
National Presto Industries, Inc. operates in three business segments. The Housewares/Small Appliance segment designs and sells small household appliances and pressure cookers under the PRESTO® brand name. The segment is recognized as an innovator of new products. The Defense segment manufactures a variety of products, including medium caliber training and tactical ammunition, energetic ordnance items, fuzes, cartridge cases, and metal parts. The Safety segment offers smoke and carbon monoxide alarms, and systems that provide early warning of conditions that, if not corrected, would cause significant losses.
This release contains “forward looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that are subject to certain risks and uncertainties, as well as assumptions, that could cause actual results to differ materially from historical results and those presently anticipated or projected. In addition to the factors discussed above, other important risk factors are delineated in the Company’s various SEC filings.