National Presto breaks ground on $90M munitions facility in South Dakota

Filed June 16, 2026 · Period ending June 15, 2026 · ~1 min read

Key Changes

• high

  National Defense Corporation (NDC) subsidiary investing ~$90M in new medium caliber ammunition production and test facility at Clear Lake, South Dakota campus, incorporating modern manufacturing technologies, advanced automation, and digital quality systems to meet current and emerging DoD ammunition requirements.

  Item 8.01 — Other Events verify on EDGAR →
• medium

  Construction begins mid-June 2026 with completion anticipated in 2028, representing a roughly two-year build timeline for the state-of-the-art facility.

  Exhibit 99.1 verify on EDGAR →
• high

  Investment decision driven by participation in Defense Ordnance Technology Consortium (DOTC) programs focused on next-generation technologies like Counter-Unmanned Aerial Systems ammunition, demonstrating need for scalable production capabilities that can rapidly transform innovative concepts into operational capacity.

  Exhibit 99.1 verify on EDGAR →