National Presto Secures $965M Army Contract, Drives 34% Revenue and 44.6% Profit Growth
National Presto Industries’ defense segment secured a $965 million U.S. Army contract and underpins a $1.4 billion backlog, accounting for 80% of profit with 34% revenue and 44.6% profit gains year-to-date. Capital expenditures rose to $22.9 million to scale defense operations, while housewares incurred an $11.4 million loss.
1. Defense Segment Growth
National Presto’s defense segment won a $965 million U.S. Army contract and supports a $1.4 billion backlog through 2030, driving 34% year-to-date revenue growth and 44.6% profit increase as of 2025.
2. Capital Expenditure Ramp-Up
Management allocated $22.9 million in capital expenditures during 2025 to expand manufacturing capacity and support defense segment scale-up, reflecting confidence in multiyear government demand.
3. Housewares Performance Challenges
The housewares division posted an $11.4 million loss in 2025 due to tariffs and supplier disruptions, contributing to rising inventory levels and negative cash flow pressures.