IS&S Receives Multi-Million Dollar Contract from Major Aerospace Company for Military Products
08 Agosto 2024 - 5:30PM
Business Wire
Innovative Solutions & Support (IS&S) (NASDAQ: ISSC)
received a multi-million-dollar production order contract to supply
its 19” Multifunction Display (MFD) with an Integrated Mission
Computer on a Commercial Derivative platform in current use by
several Foreign Militaries. Deliveries will begin immediately.
The IS&S 19” Multifunction Display is a versatile flat panel
display with multi-touchscreen interface for commercial and
military aircraft. This display can perform a variety of functions
including data integration, displaying primary flight/navigation
information, mission planning and execution and mission data
display utilizing latest generation integrated processors which
power the Mission Computer. IS&S has integrated the Display
Unit (DU) and the Mission Computer into a single unit, reducing
wiring needs allowing for easy installation.
“IS&S continues to develop new generations of increasingly
sophisticated and technically advanced products delivering improved
mission capability and performance to military operators,” IS&S
CEO Shahram Askarpour stated. “We are pleased to begin deliveries
on this contract and look forward to continuing our development of
state-of-the-art products that increase automation, enhance the
efficiency and safety of commercial and military operations.”
This marks the latest OEM contract for IS&S building on
existing OEM programs with Pilatus Aircraft for the PC-24, Textron
Aviation for the King Air 260/360 and The Boeing Company for the
KC-46A, KC-767A and the T-7A.
About Innovative Solutions & Support, Inc.
Headquartered in Exton, Pa., Innovative Solutions & Support,
Inc. (www.innovative-ss.com) is a U.S.-based company specializing
in the engineering, manufacturing, and supply of advanced avionic
solutions. Its extensive global product reach and customer base
span commercial and military markets, catering to both airframe
manufacturers and aftermarket services for fixed-wing and
rotorcraft applications. IS&S offers cutting-edge,
cost-effective solutions while maintaining legacy product lines.
The company is poised to leverage its experience to create growth
opportunities in next-generation navigation systems, advanced
flight deck and special mission displays, precise air data
instrumentation, autothrottles, flight control computers, mission
computers and software based situational awareness targeting
autonomous flight. Supported by a robust portfolio of patents and
the highest aircraft certification standards, IS&S is at the
forefront of meeting the aerospace industry's demand for more
sophisticated and technologically advanced products.
This release may contain certain statements of a forward-looking
nature relating to future events. Because such statements include
risks and uncertainties, actual results may differ materially from
those expressed or implied by such forward-looking statements due
to factors such as those discussed in filings made by the Company
with the SEC, and readers are cautioned not to place undue reliance
on forward-looking statements. The Company undertakes no obligation
to revise or update any forward-looking statements, whether as a
result of new information, future events or otherwise.
Source: Innovative Solutions & Support, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20240808958293/en/
IR CONTACT Paul Bartolai or Noel Ryan ISSC@val-adv.com
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