# UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

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# FORM 8-K

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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest reported): April 26, 2006

National Presto Industries, Inc.
(Exact name of registrant as specified in its chapter)

|Wisconsin                                    |  | 1-2451       |  | 39-0494170          | 
|-------------------------------------------- |  | ------------ |  | ------------------- | 
|(State or other jurisdiction                 |  | (Commission  |  | (IRS Employer       | 
|of incorporation)                            |  | File Number) |  | Identification No.) | 
|                                            
|3925 North Hastings WayEau Claire, Wisconsin |  |              |  | 54703-3703          | 
|(Address of principal executive office)      |  |              |  | (Zip Code)          | 

Registrants telephone number, including area code: 715-839-2121

N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

|o |  | Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
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|o |  | Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
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|o |  | Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
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|o |  | Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13a-4(c))
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# Item 2.02   Results of Operations and Financial Condition

On April 28, 2006, the registrant issued a press release regarding the
registrants results of operations for the first quarter ended April 2, 2006. The full text of the press release is filed as
Exhibit 99.1 to this Form 8-K. Such Exhibit shall not be deemed filed for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the Exchange Act), or incorporated by reference in any filing under the Securities
Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

# Item 4.01   Changes in Registrants Certifying Accountant  Resignation

|1) | The Company received the notice that its public
accountant, Grant Thornton had resigned on April 26, 2006 in a letter dated April 25, 2006 that was emailed after business hours
on the 25th and also sent by mail and received on April 26, 2006. A copy of that letter and a Section 10A report that
was sent with the letter are attached as Exhibits 99.2 and 99.3. The Companys response to the 10A report is attached as
Exhibit 99.4.
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|2) | As disclosed in the 8-K filed on April 19 and 25,
2006, Grant Thornton did send the Company a letter stating that its opinions on the financial statements and internal audit
controls for the three years ended December 31, 2005 could no longer be relied upon.
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|3) | Other than the situation described in 2, above,
there have been no unresolved disagreements. The Accountant and the Company have been associated together for almost twenty years
in what has been an excellent, professional and amicable relationship.
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| | As stated in paragraph 2, above, the accountant did issue a letter
advising the Company that its opinions on the financial statements for the three years ended December 31, 2005 and on the
Companys internal controls over financial reporting could no longer be relied upon. Further information about that letter
and the background behind it can be found in the Exhibits to the Form 8-K/A filed on April 25, 2006 and in the accountants
10A report and the Companys response to that report which are attached hereto.
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# Item 9.01   Financial Statements and Exhibits

| | (c) |  | Exhibits:
| | --- |  | ---------

| | Exhibit 99.1    Press Release of National
Presto Industries, Inc. dated April 28, 2006, reporting financial results for the first quarter ending April 2, 2006.
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| | Exhibit 99.2    April 25, 2006 letter of
resignation from Grant Thornton to the Company.
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| | Exhibit 99.3    April 25, 2006 10A report from
Grant Thornton to the Company.
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| | Exhibit 99.4    April 26, 2006 letter to Grant
Thornton from the Company responding to the 10A report.
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# SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

|                      | National Presto Industries, Inc.(Registrant)                  
|--------------------- | --------------------------------------------------------------
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|                      | /s/    Maryjo Cohen                                           
|Date   April 28, 2006 | (Signature) Maryjo Cohen, Presidentand Chief Executive Officer
|                     

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