ARWEN Orders, Backlog Continue to Grow Following Reorganization

ARWEN Orders, Backlog Continue to Grow Following Reorganization

Yahoo Finance

KWESST announced that its ARWEN business, which it reorganized in late 2023, has been able to increase customer shipments in Q2 six-fold over Q1 (including shipments anticipated through end-March) Progress against work has been slower than anticipated due to logistical delays with the customer. The Company now expects to be under contract within a month with work and revenue commencing mid-April on the program.

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