$BLIS News: NAPC Defense, Inc. Positioned as Primary

New Post Public Reply Private Reply Replies (0) Message Board
trooperstocks
132
$BLIS News: NAPC Defense, Inc. Positioned as Primary Subcontractor on Obera Portfolio Following Asset Acquisition by Native American Pride Constructors, LLC
March 18, 2026 08:05 ET | Source: NAPC Defense, Inc.

CLEARWATER, Fla., March 18, 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, announced today that its strategic partner, Native American Pride Constructors, LLC (“NAP Constructors”) has completed an Asset Purchase Agreement with Obera LLC (“Obera”), acquiring all operational assets and certain contractual liabilities associated with Obera’s U.S. government contracting platform. As a result, NAPC Defense will serve as the primary subcontractor and principal public-company platform through which the Obera portfolio, including a previously announced $38 million subcontract and access to multi-billion-dollar IDIQ contract ceilings, will be administered and performed.

NAP Constructors is a Small Business Disabled Veteran Native American with women ownership (SBDVO) enterprise. The company is privately owned 51% by Edward K. West and 49% by Evelyn R. Gurba. Both West and Gurba serve on the Board of Directors of NAPC Defense, ensuring tight strategic alignment and direct benefit to NAPC Defense shareholders.

Under the agreement, NAP Constructors acquired all assets and certain specified contractual liabilities of Obera’s business, with no lender debt assumed, positioning the new owner to continue Obera’s mission critical support to U.S. government and allied customers while channeling the majority of subcontracted work through NAPC Defense.

NAP Constructors was selected as the novating company based on its decades long record of performance on U.S. government contracts and its demonstrated ability to execute complex programs, which is expected to make the novation process seamless for government customers and prime contractors.

As part of the transaction, NAPC Defense has onboarded a core team of 10 experienced Obera professionals with significant expertise in U.S. government contracting, logistics, and global supply-chain support, and whose program expertise will help ensure continuity of performance on current contracts and a smooth transition of work to the NAPC Defense subcontracting platform.

Obera has served as both a prime contractor and subcontractor on major U.S. government contract vehicles supporting global logistics, training, systems integration, and sustainment missions for the Department of Defense and Department of State. Its work spans security assistance, supply-chain management, sustainment operations, and information management in complex operating environments worldwide.

NAP Constructors now assumes responsibility for honoring Obera's existing $38.1 million hard backlog of U.S. government task orders, previously announced on February 24, 2026, with performance extending into 2027 and beyond, which will utilize NAPC Defense’s capabilities to support performance of the current backlog as well as future contract awards. These awards sit within broader Indefinite Delivery, Indefinite Quantity (IDIQ) frameworks, including several key U.S. government contracts are currently being novated to NAP Constructors:

• Worldwide Expeditionary Multiple Award Contract (WEXMAC) – A U.S. government funded IDIQ contract awarded to multiple prime contractors with a maximum contract ceiling of approximately $55.2 billion through 2034.

• Counter Narcotics and Global Threats Contract (CNGT) – A multi-prime IDIQ contract supporting global counter-narcotics and security operations with a maximum contract value of approximately $1.9 billion and performance extending through 2032.

• SmartTronics Prime Contract – A $3.4 million award for the supply of helicopter fuel to multiple international locations worldwide, where the company currently serves as the sole source supplier to the prime contractor.

Through the Obera platform now operating within NAP Constructors, the organization has historically secured one of the largest shares of task orders from both U.S. Navy and U.S. Air Force contracting vehicles under these programs. The team is actively bidding on new opportunities on a regular basis and is currently pursuing eleven additional task orders representing significant potential revenue.

To support the execution of current and future work, NAP Constructors is negotiating a $20 million line of credit to finance new orders and accounts receivable associated with government contracting performance. This financing facility is expected to support operational scaling and enable NAPC Defense, Inc. to perform the existing backlog and upcoming awards within the contract pipeline.

“Obera’s proven performance under WEXMAC, CNGT, and other major programs gives NAP Constructors and NAPC Defense a robust, long duration contracting foundation, while our role as primary subcontractor concentrates the value of these programs within NAPC Defense,” said Edward K. West, Chairman and CEO of NAPC Defense, Inc. “By combining Obera’s global logistics and sustainment capabilities with our weapons and ammunition initiatives, we are building a uniquely positioned, Native American and service-disabled veteran owned platform in which NAPC Defense will be the principal public company beneficiary of contract execution for years to come in support of U.S. and allied missions worldwide.”

In addition to the Obera portfolio, NAPC Defense is pursuing new purchase orders from U.S. and allied customers as the Sole Source for the CornerShot tactical systems, as well as ammunition initiatives, which are expected to complement the long-term, contract-based revenue stream provided by its government contracting programs.

About Obera LLC

Obera LLC is a prime and subcontractor on major U.S. government contract vehicles supporting global logistics, training, systems integration, and sustainment missions for the Department of Defense and Department of State, including NAVSUP WEXMAC, ACC AMIC CNGT, and DOS GLOBALCAP programs. Its work spans security assistance, supply-chain management, sustainment operations, and information management in complex operating environments worldwide.

About Native American Pride Constructors, LLC

Native American Pride Constructors, LLC is a privately held Service-Disabled Veteran, Native American and woman-owned small business focused on mission-critical logistics, fuel supply, training, and operational support solutions to U.S. government and allied customers. The company leverages the former Obera portfolio, its experienced management team, and its partnership with NAPC Defense, Inc. – with NAPC Defense as its primary subcontractor – to execute global programs in austere and high-risk environments.

About NAPC Defense, Inc.

NAPC Defense, Inc. (OTCID: BLIS) is a U.S.-licensed armament sales and production company with exclusive rights to manufacture and distribute the CornerShot USA weapons system. The Company brokers defense articles and munitions worldwide, with all activities conducted under applicable U.S. State Department and federal regulatory approvals.

As the exclusive U.S. producer and distributor of the CornerShot USA platform, NAPC Defense is committed to delivering innovative, lifesaving technologies that enhance officer survivability and protect communities in high-risk environments.

For further information, please go to www.napcdefense.com

Forward-looking statements

This press release and statements by representatives of NAPC Defense, Inc. may include “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward looking statements, including, but not limited to, statements regarding the Company’s plans, objectives, expectations, strategies, and future performance. These statements are based on current assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including those described in the Company’s periodic reports filed with the U.S. Securities and Exchange Commission. NAPC Defense undertakes no obligation to update forward looking statements, except as required by law.

Investor and media contact

Media Inquiries and Demonstration Requests
Kenny West, Chief Executive Officer
NAPC Defense, Inc.
Phone 754 242 6272 ext. 713
Scroll down for more posts ▼

Top 10 Most Recent News Articles

James Scott Farrin Secures 12th 'Best Law Firms' Honor

Updated Category News Views 52

Durham's Pride in Legal Excellence Just like ol' reliable clockwork, James Scott Farrin has clinched another honor that makes the legal landscape take note. This Durham-based law office, a heavyweight in the injury claims scene, isn't just shuffling papers; they're racking up accolades on the list of 'Best Law Firms' for the 12th year running. Now, that's no small feat....

Continue Reading
Pharmaceutical Navigator ASTHO's Podcast Earns Bronze Anthem Award

Updated Category News Views 86

An Award to Nod At: ASTHO's Public Health Triumph The world of public health isn't generally where you'd find shiny accolades flying around, but when they do, it's worth taking notice. Recently, ASTHO’s podcast, the Public Health Review Morning Edition, snagged a Bronze Anthem Award. Sure, it isn't the gold trophy, but in this high-stakes arena, any medal's a feat! More...

Continue Reading
FCS Awareness Day Aims to Illuminate a Hidden Struggle

Updated Category News Views 53

The Underreported Battle of FCS Patients There's something to be said about bringing the invisible fights to the forefront—putting the unseen struggles of real people on public display. This Friday, Nov. 6, 2026, the Foundation for Triglyceride Disorders is doing just that with FCS Awareness Day. Their mission: spark conversations and shine a light on Familial...

Continue Reading
Youdao's Upcoming Q3 2026 Results: What's at Stake?

Updated Category News Views 109

Anticipation Builds Ahead of Youdao's Financial Announcement Okay, folks, if there's one thing investors gotta mark on their calendars, it's Youdao’s upcoming financial results set to drop like a bombshell on November 19, 2026. This ain't just another quarterly report—it's a litmus test for anyone eyeballing the digital learning sector with wallets ready. Youdao: A...

Continue Reading
AI in Healthcare: Real Results Unveiled at HLTH 2026

Updated Category News Views 102

Transforming Healthcare with AI The landscape of healthcare is constantly evolving, and this time, we're diving deep into how AI is shaking things up. MCG Health and Telligen, both heavyweights in the health sector, are stepping into the limelight at the HLTH 2026 conference. This ain't just any run-of-the-mill presentation; it's where the rubber meets the road in...

Continue Reading
Strategies for Maintaining Water Quality in NH Homes

Updated Category News Views 65

Protect Your Water: Steps to Safe Drinking Imagine turning on your kitchen tap, and instead of refreshing, clean water, you get a murky mystery. Not exactly anyone's dream scenario, right? Enter Sean McGorry and his down-to-earth guide to water quality for New Hampshire homesteaders. It's not rocket science, but the whispers of neglected water systems tell tales of...

Continue Reading
Paris vs. Berlin: Europe's Urban Driving Chaos Revealed

Updated Category News Views 131

Paris in the Fast Lane to Danger Paris, the city of love, is also the city of reckless acceleration if you peek at Geotab’s data. The City of Light isn’t just known for its romance and baguettes anymore; it’s got quite a knack for harsh driving events—1,191 per 1,000 trips, to be precise. That's a mind-boggling 5.3 times more than Berlin, the sensible sibling. A...

Continue Reading
AutoFlight's Game-Changing 5-eVTOL Formation Flight

Updated Category News Views 90

Pioneering the Skies: AutoFlight's Latest Feat Now, ever seen a flock of eVTOLs carving up the sky without anyone at the controls? Yep, AutoFlight just pulled that off. This isn't your everyday aviation stunt; it's a world-first five-eVTOL formation flight—fully autonomous, mind you—staged across the scenic backdrop of Kunshan, China. This was more than just a...

Continue Reading
Major Donations Boost Mesothelioma Research Funding

Updated Category News Views 69

Significant Boosts in Mesothelioma Support November's chill didn't slow down major support for mesothelioma initiatives. On October 22, 2026, during the grand setting of the Foundation's 2026 International Symposium on Malignant Mesothelioma in The Woodlands, Texas, MesoCare.org and Danziger & De Llano, LLP stepped up big time. Their philanthropic moves weren't just about...

Continue Reading
Shackleton AI Tackles Construction with $5M Boost

Updated Category News Views 116

Sweeping Away Construction's Admin Grit Dive headfirst into the realm of construction, and you'd think you're imitating a 20th-century manual dance—a mishmash of paper trails and stray spreadsheets. Shackleton AI is aiming to drag this business into the 21st century by ditching those clunky methods. The New York-based startup threw its hat into the tech ring with what...

Continue Reading

Top 5 Most Recently Viewed Articles

Market Sentiment on Freeport-McMoRan Inc: An Insightful Look

Updated Category News Views 151

Exploring Market Sentiment for Freeport-McMoRan Inc Freeport-McMoRan Inc (NYSE: FCX) has recently seen a notable shift in its short interest as a percentage of float, which has decreased by 22.0% according to the latest reports. Currently, approximately 16.72 million shares are sold short, representing 1.17% of the total shares available for trading. Given the current...

Continue Reading
Updates on Dowlais Group plc's Recent Trading Activities

Updated Category News Views 255

Key Information on Dowlais Group plc Trading In the ever-evolving financial landscape, transparency plays a crucial role, especially when it comes to major securities dealings. The recent disclosures by the exempt principal trader concerning Dowlais Group plc highlight the importance of understanding these transactions. The exempt principal trader involved in these...

Continue Reading
Kootenay Silver Unveils New Mineral Resource Estimate at Columba

Updated Category News Views 136

Overview of Kootenay Silver's Recent Developments Kootenay Silver Inc. announced an important milestone, filing a National Instrument 43-101 technical report that reveals the inaugural Mineral Resource Estimate (MRE) for its 100%-owned Columba Silver Project. This report, which reflects a significant resource of over 54 million ounces of silver, marks a pivotal moment for...

Continue Reading
Envision Energy's New Facility Paves Way for Renewable Future

Updated Category News Views 265

Envision Energy Launches Renewable Energy Facility Recently, Envision Energy marked an important milestone with the groundbreaking of a new renewable energy facility. Set to harness wind energy and storage technology, this facility is a significant leap in the company's pursuit of global clean energy solutions. The initiative was celebrated by notable figures in the...

Continue Reading
House of Dank Launches New Cannabis Retail Store Experience

Updated Category News Views 287

House of Dank Unveils New Cannabis Shop Experience Excitement is in the air as House of Dank opens its doors to a new cannabis shop, marking a significant milestone in its journey. This thrilling launch provides a fresh opportunity for cannabis enthusiasts in the region. Premium THC Products Await Customers This new location promises a diverse selection of top-shelf THC...

Continue Reading