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National Presto Industries Inc. – ‘8-K’ for 3/30/21 – ‘EX-99.1’

On:  Thursday, 4/1/21, at 4:15pm ET   ·   For:  3/30/21   ·   Accession #:  897101-21-270   ·   File #:  1-02451

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/01/21  National Presto Industries Inc.   8-K:8,9     3/30/21   11:192K                                   American Fin’l P… Inc/FA

Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Form 8K Dated March 30, 2021                        HTML     30K 
 2: EX-99.1     Press Release Dated April 1, 2021                   HTML      8K 
 7: R1          Cover                                               HTML     46K 
 9: XML         IDEA XML File -- Filing Summary                      XML     11K 
 6: XML         XBRL Instance -- presto210494_8k_htm                 XML     15K 
 8: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
 4: EX-101.LAB  XBRL Labels -- npk-20210330_lab                      XML     96K 
 5: EX-101.PRE  XBRL Presentations -- npk-20210330_pre               XML     64K 
 3: EX-101.SCH  XBRL Schema -- npk-20210330                          XSD     11K 
10: JSON        XBRL Instance as JSON Data -- MetaLinks               25±    32K 
11: ZIP         XBRL Zipped Folder -- 0000897101-21-000270-xbrl      Zip     13K 


‘EX-99.1’   —   Press Release Dated April 1, 2021


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 

EHHIBIT 99.1

 

 

NEWS RELEASE CONTACT: David Peuse
FOR IMMEDIATE RELEASE (715) 839-2146

 

 

NATIONAL PRESTO INDUSTRIES, INC. ANNOUNCES DEFENSE CONTRACT OPTION AWARD

Eau Claire, Wisconsin (April 1, 2021) – National Presto Industries, Inc. (NYSE: NPK) announced today that on March 30, 2021, AMTEC Corporation, its wholly-owned subsidiary, received a $102.1 million option award under year five (Government Fiscal Year (FY) 2021) of AMTEC’s current five-year 40mm systems contract with the Department of the Army. The option award is for high velocity training cartridges, with deliveries scheduled to begin in mid-2021 and continue over multiple years.

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, and cartridge cases. The Safety segment currently consists of two startup companies. The first is Rusoh, Inc., which designs and markets the Rusoh® Eliminator® fire extinguisher, the first owner-maintained fire extinguisher. The second is OneEvent Technologies, Inc. It offers 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.


Dates Referenced Herein

This ‘8-K’ Filing    Date    Other Filings
Filed on:4/1/21None on these Dates
For Period end:3/30/21
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Filing Submission 0000897101-21-000270   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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