Innovative Solutions and Support inc - Company Profile
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Innovative Solutions and Support Inc (IS&S) is a provider of avionics instrumentation for the commercial air transport, military, and business aviation markets. The company designs, develops, manufactures, and markets a broad range of flat panel displays, flight management systems, flight information computers, advanced monitoring systems, air data systems and components and standby units. It also offers utilities management system, navigator, autothrottle, inertial reference products and indicators such as shaft horsepower and turbine inlet temperature indicator. The company principally serves the US Department of Defense (DoD), government agencies, commercial contractors, commercial air transport carriers, avionics integrators, aircraft modification centers, original equipment manufacturers, and corporate or general aviation markets. IS&S is headquartered in Exton, Pennsylvania, the US.
Headquarters
United States of America
Address
720 Pennsylvania Drive, Exton, 19341
Website
innovative-ss.com
Telephone
1 610 6469800
No of Employees
95
Industry
Aerospace and Defense
Ticker Symbol & Exchange
ISSC (NASD)
Revenue (2023)
$34.8M
25.5%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
9.1%
(2023 vs 2022)
Market Cap*
$117.5M
Net Profit Margin (2023)
XYZ
-13.0%
(2023 vs 2022)
* As of and is in US$
Innovative Solutions and Support inc premium industry data and analytics
Products and Services
| Products |
|---|
| ADAHRS |
| Autothrottle |
| Flat Panel Displays |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Asset Purchase | In July, the company acquired key assets for certain Inertial, Communication and Navigation product lines from Honeywell International. |
| 2023 | Contracts/Agreements | In April, the company received a production order from The Boeing Company to provide its Global Positioning System (GPS) Sensor Units for the Boeing T-7A Red Hawk trainer. |
| 2021 | Contracts/Agreements | In June, the company received Flat Panel Display System orders from online retailers air carrier operation. |
Competitor Comparison
| Key Parameters | Innovative Solutions and Support inc | Honeywell International Inc | L3Harris Technologies Inc | Garmin Ltd | Boeing Co (BA) |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Switzerland | United States of America |
| City | Exton | Charlotte | Melbourne | Schaffhausen | Chicago |
| State/Province | Pennsylvania | North Carolina | Florida | - | Illinois |
| No. of Employees | 95 | 95,000 | 50,000 | 19,900 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Glen R. Bressner | Chairman | Executive Board | 2024 | 63 |
| Shahram Askarpour | Chief Executive Officer; Director | Executive Board | 2022 | 66 |
| Relland M. Winand | Interim Chief Financial Officer | Senior Management | 2023 | 69 |
| Brian Urbanski | Vice President - Quality | Senior Management | 2002 | - |
| Kevin Cravens | Vice President - Program Management | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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