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$90M National Presto (NPK) ammunition facility set for South Dakota build

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

National Presto Industries, Inc. is making an approximate $90 million investment through its wholly owned subsidiary National Defense Corporation to build a new state-of-the-art medium caliber ammunition production and test facility at the Tech Ord campus in Clear Lake, South Dakota.

The facility is designed with modern manufacturing technologies, advanced automation, digital quality systems, and scalable processes to meet current and emerging U.S. Department of Defense ammunition requirements. Construction is scheduled to begin in mid-June 2026, with completion anticipated in 2028.

The project reinforces the company’s Defense segment presence and supports South Dakota’s role in national defense and advanced manufacturing, while reflecting NDC’s work with the Department of Defense and participation in Defense Ordnance Technology Consortium programs focused on next-generation ammunition technologies.

Positive

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Insights

National Presto plans a $90M defense facility, expanding medium caliber ammunition capacity by 2028.

National Presto, via National Defense Corporation, is committing about $90 million to a new medium caliber ammunition facility in Clear Lake, South Dakota. The design emphasizes automation, digital quality systems, and scalable production to address evolving U.S. Department of Defense ammunition requirements.

The facility’s concept stems from work with the DoD and participation in Defense Ordnance Technology Consortium programs, including Counter-Unmanned Aerial Systems ammunition. This ties the investment directly to identified future warfighter needs and modern production approaches, rather than generic capacity expansion.

Construction is scheduled to start in mid-June 2026 with completion anticipated in 2028, indicating a multi-year capital project. Actual financial effects will depend on future DoD procurement and how much of the new capacity is utilized once the facility becomes operational.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Facility investment $90 million Approximate capital investment by National Defense Corporation in new facility
Construction start mid-June 2026 Scheduled beginning of facility construction
Planned completion 2028 Anticipated completion date of new ammunition facility
Business segments 3 segments Housewares/Small Appliance, Defense, Safety segments operated by National Presto
medium caliber ammunition financial
"a new state-of-the-art medium caliber ammunition production and test facility"
Defense Industrial Base financial
"reinforcing the Tech Ord campus as a strategic location for future Defense Industrial Base expansion"
A network of companies, suppliers, research centers and skilled workers that design, build, supply and maintain military equipment, technologies and services. It matters to investors because its health determines how reliably defense contracts turn into revenue, how exposed firms are to supply disruptions or policy shifts, and where long-term demand and government spending will flow — like the utility grid that keeps a city running, disruptions affect everyone served.
Defense Ordnance Technology Consortium (DOTC) financial
"participation in Defense Ordnance Technology Consortium (DOTC) programs that focus on next-generation technologies"
Counter-Unmanned Aerial Systems ammunition financial
"programs that focus on next-generation technologies like Counter-Unmanned Aerial Systems ammunition"
forward looking statements regulatory
"This release contains “forward looking statements” made pursuant to the safe harbor provision"
Statements about a company’s expected future performance, plans, goals, or projections that are not historical facts and involve assumptions and estimates. Investors care because these are predictions that guide decisions but can be wrong; like a weather forecast, they help set expectations and risk — if circumstances change, actual results may differ significantly, so investors should weigh them alongside hard data and risk factors.
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Learn about SEC filing dates
false 0000080172 0000080172 2026-06-15 2026-06-15
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 8-K
 
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): June 15, 2026
 

 
National Presto Industries, Inc.
(Exact name of registrant as specified in this chapter)
 
Wisconsin
 
1-2451
 
39-0494170
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
 
     
3925 North Hastings Way
Eau Claire, Wisconsin
 
54703-3703
(Address of principal executive office)
 
(Zip Code)
 
Registrant’s telephone number, including area code: 715-839-2121
N/A
(Former name or former address, if changed since last report)
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
         Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
         Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
         Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
         Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $1.00 par value
NPK
New York Stock Exchange
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 

 
Item 8.01 Other Events
 
On June 15, 2026, the Registrant announced that its wholly owned subsidiary, National Defense Corporation (“NDC”), was holding a groundbreaking ceremony for a new state-of-the-art medium caliber ammunition production and test facility at NDC’s Tech Ord campus in Clear Lake, South Dakota. A press release describing the event and new facility is filed as Exhibit 99.1 to this Form 8‑K. Such Exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
 
Item 9.01 Financial Statements and Exhibits
 
(d) Exhibits
   
Exhibit No.
Description
99.1
Press Release of National Presto Industries, Inc. dated June 15, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
Forward looking statements in this Form 8-K are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There are certain important factors that could cause results to differ materially from those anticipated by some of the statements made herein. Investors are cautioned that all forward looking statements involve risks and uncertainty. In addition to the factors discussed above, among the other factors that could cause actual results to differ materially are the following: government defense spending and defense requirements; termination for the convenience of the government; interest rates; continuity of relationships with and purchases by the United States Government and other major customers; unexpected problems or events experienced by subcontractors, team members, or their respective suppliers or subcontractors; product mix; competitive pressure on pricing; increases in material, freight/shipping, labor or other production costs that cannot be recouped through pricing; and such other factors as may be described from time to time in the Registrant’s SEC filings.
 
 
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
National Presto Industries, Inc.
(Registrant)
Date: June 16, 2026
By:
/s/ Maryjo Cohen
(Signature) Maryjo Cohen, President
and Chief Executive Officer
 
 

 

NEWS RELEASE

CONTACT: David Peuse

FOR IMMEDIATE RELEASE

(715) 839-2146

 

 

 

NATIONAL PRESTO INDUSTRIES, INC. ANNOUNCES GROUNDBREAKING OF ADVANCED MUNITIONS PRODUCTION FACILITY IN CLEAR LAKE, SOUTH DAKOTA

 

Eau Claire, Wisconsin (June 15, 2026) – National Presto Industries, Inc. (NYSE: NPK) announced that its subsidiary National Defense Corporation (NDC) is holding a private groundbreaking ceremony tomorrow for a new state-of-the-art medium caliber ammunition production and test facility at the company's Tech Ord campus in Clear Lake, South Dakota.

 

The project represents an approximate $90 million investment by NDC to meet current and emerging U.S. Department of Defense (DoD) ammunition requirements. It will incorporate modern manufacturing technologies, advanced automation, digital quality systems, and scalable production processes capable of rapidly responding to changing mission needs. The investment further strengthens South Dakota's growing role in supporting national defense and advanced manufacturing while reinforcing the Tech Ord campus as a strategic location for future Defense Industrial Base expansion.

 

Over the last two years, NDC has worked closely with the DoD to evaluate future warfighter requirements, procurement strategies, and manufacturing technologies. The result is a facility designed from the ground up to deliver greater flexibility, efficiency, and responsiveness than traditional ammunition production models.

 

When asked for comments, Todd Anderson, President of NDC stated, “The decision to make the sizable investment largely resulted from our participation in Defense Ordnance Technology Consortium (DOTC) programs that focus on next-generation technologies like Counter-Unmanned Aerial Systems ammunition. The DOTC programs illustrated to us the importance of modern, scalable production capabilities that can quickly transform innovative concepts into operational capacity. The new facility is designed to deliver that kind of flexibility in the manufacture of the DoD’s growing portfolio of medium caliber ammunition. We are proud to partner with Army Senior Leadership to understand their needs and help shape that future. Certainly, we appreciate their support. We also are grateful for the support we have received from local leaders, state officials, economic development partners, contractors, and the Clear Lake community."

 

Construction of the facility is scheduled to begin in mid-June 2026, with completion anticipated in 2028.

 

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 commercial fire extinguishers.

 

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.

FAQ

What did National Presto Industries (NPK) announce in its latest 8-K?

National Presto announced that subsidiary National Defense Corporation will build a new medium caliber ammunition production and test facility in Clear Lake, South Dakota, representing an approximate $90 million investment and targeting completion in 2028 to meet evolving U.S. Department of Defense ammunition needs.

How much is National Presto (NPK) investing in the new ammunition facility?

The project represents an approximate $90 million investment by National Defense Corporation. The facility is designed with modern manufacturing technologies, advanced automation, and digital quality systems to support current and emerging U.S. Department of Defense requirements for medium caliber ammunition production and testing.

Where will National Presto’s new medium caliber ammunition facility be located?

The new medium caliber ammunition production and test facility will be built at National Defense Corporation’s Tech Ord campus in Clear Lake, South Dakota. This reinforces the site as a strategic location for future Defense Industrial Base expansion and supports South Dakota’s role in national defense manufacturing.

What is the construction timeline for National Presto’s new NDC ammunition facility?

Construction of the new National Defense Corporation facility is scheduled to begin in mid-June 2026, with completion anticipated in 2028. This multi-year build is intended to create scalable, flexible production capacity for medium caliber ammunition aligned with evolving Department of Defense requirements.

How does National Presto (NPK) describe the purpose of the new ammunition facility?

The facility is designed to meet current and emerging U.S. Department of Defense ammunition requirements using modern manufacturing technologies, advanced automation, and digital quality systems. It aims to deliver greater flexibility, efficiency, and responsiveness than traditional ammunition production models for medium caliber ammunition.

What role did DOTC programs play in National Presto’s new facility decision?

National Defense Corporation’s participation in Defense Ordnance Technology Consortium programs, including next-generation Counter-Unmanned Aerial Systems ammunition, helped justify the sizable investment. These programs highlighted the need for modern, scalable production that can rapidly convert innovative concepts into operational medium caliber ammunition capacity.

Filing Exhibits & Attachments

5 documents