AMTEC Wins $85m Iraq Defense Contract

By John Lee.

AMTEC Corporation has heen awarded an $84,546,877 firm-fixed-price, foreign military sales contract (Iraq) for 40mm grenade systems.

One bid was solicited with one received, according to a statement from the US Department of Defense.

The work will be performed in Janesville, Wisconsin, with an estimated completion date of Sept. 30, 2018.

AMTEC is part of National Defense Corporation (NDC), which in turn is owned by National Presto Industries, Inc..

(Sources: US Dept of Defense, AMTEC)