Genasys Cites Supply Chain Delays for Crows II, Puerto Rico Payments Begin
Genasys said supply chain constraints delayed Crows II technical refresh deliveries, while its Puerto Rico dams early warning work is progressing after customer payments began.
GNSS
Genasys reported that supply chain constraints held back deliveries for its Crows II Technical Refresh program.
The company also said work on the Puerto Rico dams early warning system project had been paced pending customer payments. Those payments have now started to come in.
The update points to ongoing execution hurdles in one defense-related program, while the Puerto Rico project is moving forward as receipts resume.
Source: First Squawk