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NAPC Defense Exceeds $1.4 Million Monthly Revenue in April and Targets Greatly Increased Annual Sales
New Federal Contract Vehicles Drive Immediate Revenue and Long-term Growth Visibility through 2034CLEARWATER, Fla., May 20, 2026 (GLOBE NEWSWIRE) -- NAPC Defense, Inc. (OTCID: BLIS) (“NAPC Defense” or “the Company”), a U.S. licensed defense manufacturer with exclusive rights to produce and distribute the CornerShot USA system, and primary subcontractor supporting Native American Pride Constructors’ expanding government-contracting platform, today announced that it has begun successfully executin
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[{"type":"text","content":"New Federal Contract Vehicles Drive Immediate Revenue and Long-term Growth Visibility through 2034","length":98,"tagName":"p"},{"type":"text","content":"CLEARWATER, Fla., May 20, 2026 (GLOBE NEWSWIRE) -- NAPC Defense, Inc. (OTCID: BLIS) (“NAPC Defense” or “the Company”), a U.S. licensed defense manufacturer with exclusive rights to produce and distribute the CornerShot USA system, and primary subcontractor supporting Native American Pride Constructors’ expanding government-contracting platform, today announced that it has begun successfully executing on its newly awarded federal contracts, delivering strong initial revenue performance and establishing momentum for significant growth in its upcoming fiscal year.","length":567,"tagName":"p"},{"type":"text","content":"The Company reported over $1.4 million in gross sales for April 2026, reflecting early execution and success tied to the recently awarded contracts to Native American Pride Constructors LLC (“NAPC Constructors”) contracts. These Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles, originally awarded to NAPC Constructors, a privately held company, include U.S. Navy and U.S. Air Force programs with combined maximum funding ceilings exceeding $57 billion and performance periods extending through 2032 and 2034, respectively.","length":539,"tagName":"p"},{"type":"text","content":"Management believes this early revenue milestone underscores the Company’s operational readiness and ability to rapidly convert newly secured contract opportunities into tangible financial results. The April performance exceeds $1.4 million in monthly revenue and represents a strong foundation for NAPC Defense. Based on current execution trends, awarded subcontracts totaling approximately $38 million, and a growing pipeline of task orders under these large-scale federal contract vehicles, NAPC Defense projects gross sales for its 2027 fiscal year, which begins May 1, 2026, to exceed $90 million.","length":602,"tagName":"p"},{"type":"text","content":"To support this accelerated growth trajectory, the Company has also secured a new credit facility designed to provide additional financial flexibility as it ramps operations, scales production, and fulfills increasing demand under its expanding federal contract portfolio.","length":272,"tagName":"p"},{"type":"text","content":"“This initial...