^ Well, sort of "Bingo."
When the boxes are packed, they are hermetically sealed up with ambient air with some given relative humidity. If the boxes are stored in a place where the ambient temperature drops below the dew point for that given original relative humidity, condensation within the box will occur.
If the box is then brought back above the dew point, the moisture will then return to the air sealed within the box.
The thing is, the amount of air, and hence moisture, in the small box is very limited and the total amount of water is very tiny.
For example, a 100-rd cal .50 ammo box is approximately 11 x 6 x 7 inches, or about 460 cubic inches, call it 500 cubic inches, or 8200 cc., call that 8 liters or .008 cubic meters.
At a relative humidity of 50% (a typical value) at, say, 75 dF, a cubic meter of air will hold only about 12 grams of water. Thus the total amount of water in the ammo box will be only .008 x 12 = about 1/10 of a gram of water, call it one-tenth of a cc, or about three drops if all of it condenses.
So 1/10 of a cc of liquid water spread around the contents of the box when it hits the dew point of the air plus water vapor originally in the box, will be almost invisible.
But it will be there.
I doubt they were concerned with this when they designed the boxes, but rather about total immersion.
Precise values for the above variables may be used, but even a rough estimate, such as this, will suffice for conclusions to be made about humidity in the boxes, especially since the ammunition itself is well-sealed. (Assuming my arithmetic is correct.)
Terry, 230RN