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NAPC Defense secures $20M credit line to support Navy and Air Force IDIQ contracts execution

Company Fundamentals
27 May 2026
GlobeNewsWire
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Bullish
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NAPC Defense's affiliate, Native American Pride Constructors, has obtained a $20 million line of credit to fund working capital and operational needs for executing U.S. Navy and Air Force IDIQ contracts. These contracts, with combined funding ceilings over $57 billion, extend through 2032 and 2034, providing a significant backlog and growth opportunity. The credit line will enable rapid response to awarded task orders, supporting project mobilization, procurement, and staffing. This financial boost aligns with NAPC Defense's strategy to scale operations efficiently and capitalize on large federal defense contracts.

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