posted on October 01, 2013
(Janesville, WI) By Gazette Staff, Janesville Gazette
A Janesville manufacturer has received a $25 million contract for integration, production and testing of 40mm grenade ammunition.
AMTEC Corp., 4230 Capital Circle, was the only bidder for the contract, which was awarded Friday by the U.S. Department of Defense on behalf of the U.S. Army.
In the last four fiscal years, the company has received original contracts and extensions of nearly $478 million.
Earlier this year, the company won a $64.5 million option award under a five-year Army contract to supply 40mm ammunition.
AMTEC, a subsidiary of Eau Claire-based National Presto Industries, manufactures and assembles tactical and training ammunition, fuzes and firing devices. Built specifically for munitions manufacturing, the Janesville facility handles both high- and low-volume production items.
Janesville is home to the company's systems integration management operations and manufacturing. The company also has divisions in Antigo and Arkansas.
National Presto has three business segments.
The defense segment, which includes AMTEC, makes medium-caliber training and tactical ammunition, energetic ordnance items, fuzes, cartridge cases, less-than-lethal munitions and less-than-lethal accessory equipment.
The housewares division designs and sells small household appliances and pressure cookers.
The absorbent products division makes private-label adult incontinence products.
Friday's contract announcement included two other Wisconsin companies, the Milwaukee Journal Sentinel reported.
Oshkosh Corp. and its defense division will receive $20.1 million for contractor logistics support of military vehicles and armor upgrades on 430 Marine Corps vehicles in Japan.
DRS Power & Control Technologies, a Parsippany, N.Y., company that also does business in Milwaukee, will receive $17.2 million from the Navy for energy storage module design and engineering services. The work will be performed in Milwaukee, and the cumulative value of the contract is $88.7 million.