Description Our FASTBACK⢠Compact Folding Utility Knife features a press and flip mechanism for easy, one-handed opening. The MILWAUKEE utility knife allows you to make quick, tool-free blade changes for maximum jobsite efficiency with a metal extension over the button to prevent accidental blade removal. The press and flip open utility knifeâs compact size allows for easy storing while a durable wire belt clip reduces pocket tearing. The small utility knife has a blade holder designed for scoring. The compact folding knife also includes a lanyard hole for convenient tethering.