Innovative Solutions & Support INC 8-K filings

Innovative Aerosystems reported a strong third quarter with 10.7% revenue growth to $26.7 million, driven by increased gross margins and significant improvements in net income and adjusted EBITDA.

Innovative Solutions and Support, Inc. has acquired Aydin Displays, a 50-year-old rugged display manufacturer, for $24.5 million to enhance its integrated cockpit and mission solutions.

Innovative Aerosystems announced its fiscal second quarter 2026 financial results, showing a 2.0% increase in net sales to $22.4 million, driven by commercial and business aviation, while navigating a planned F-16 revenue decline.

Innovative Solutions and Support, Inc. successfully concluded its 2026 annual meeting, confirming the election of all director nominees and the ratification of its independent auditor.

Innovative Solutions and Support, Inc. acquired two legacy avionics and power generator product lines from Honeywell for $30 million in cash.

Innovative Aerosystems reported a robust start to fiscal 2026, with net sales up 36.5% and Adjusted EBITDA surging 141% in the first quarter, driven by commercial aviation demand.

Innovative Aerosystems announced robust financial results for fiscal 2025, driven by significant sales growth, improved profitability, and strategic investments.

Innovative Solutions & Support, Inc. d/b/a Innovative Aerosystems has appointed Richard Silfen as an independent director, expanding its Board to seven members.

Innovative Solutions & Support, Inc. announced robust fiscal third-quarter results, with net revenue surging 105.2% to $24.1 million and Adjusted EBITDA up 43.3%, despite temporary gross margin impacts from F-16 product line integration.

Innovative Solutions & Support, Inc. announced a new five-year, $100 million credit agreement, replacing its existing $35 million line of credit, to enhance liquidity and support long-term growth and acquisitions.

Innovative Solutions & Support reports a strong second quarter in 2025, marked by significant revenue growth and increased profitability.

Innovative Solutions and Support, Inc. successfully held its annual shareholder meeting, electing directors and ratifying the appointment of Grant Thornton LLP as its independent accounting firm.

Innovative Solutions & Support (IS&S) announced a 71.6% increase in net revenue for the first quarter of 2025, driven by military program momentum and the Honeywell acquisition.

Innovative Solutions & Support, Inc. expands its board to six directors with the appointment of Denise Devine as an independent director, effective immediately.

Innovative Solutions & Support (IS&S) announced significant year-over-year growth in revenue, net income, and EBITDA for both the fourth quarter and full year 2024, driven by new military programs and strategic acquisitions.

Innovative Solutions and Support files an amendment to its previous 8-K report to correct the number of performance stock units granted to the CEO.

Innovative Solutions and Support, Inc. granted its CEO, Shahram Askarpour, 2,100,000 performance stock units that vest upon achieving specific stock price targets.

Innovative Solutions & Support, Inc. has acquired a license for Honeywell's military display generators and flight control computers, including exclusive rights to manufacture, upgrade, and repair the product line.

Innovative Solutions and Support, Inc. has amended its employment agreement with CEO Shahram Askarpour, modifying severance provisions, particularly in the event of a change of control.

Innovative Solutions and Support, Inc. has extended its shareholder rights agreement to September 10, 2025, to protect against hostile takeovers and ensure fair treatment of all shareholders.

Innovative Solutions & Support (IS&S) announced a 47.8% increase in revenue for the third quarter of 2024, driven by strong performance from acquired Honeywell product lines.

Innovative Solutions & Support has acquired additional assets and licenses from Honeywell, further expanding its communication and navigation product offerings.

Innovative Solutions and Support, Inc. has granted restricted stock units and a change in control agreement to its Chief Financial Officer, Jeffrey DiGiovanni.

Innovative Solutions & Support has rejected an unsolicited offer to acquire the company for $7.25 per share, deeming it inadequate and not in the best interest of stakeholders.

Innovative Solutions & Support, Inc. has acknowledged receiving an unsolicited, non-binding proposal from Christopher Harborne to acquire all outstanding shares of the company at $7.25 per share in cash.

Innovative Solutions & Support, Inc. has appointed Major General Garry C. Dean as an independent director to its Board, effective immediately.

Innovative Solutions & Support (IS&S) announced a 46% increase in net sales for the second quarter of fiscal 2024, reaching $10.7 million, primarily driven by the acquisition of Honeywell product lines.

Innovative Solutions and Support, Inc. successfully held its annual shareholder meeting, electing directors and approving an amended stock-based incentive plan and the ratification of its accounting firm.

Innovative Solutions & Support, Inc. has appointed Jeffrey DiGiovanni as its new Chief Financial Officer, effective April 8, 2024, replacing interim CFO Relland M. Winand.

Parizad Olver will not seek reelection to the board of directors at Innovative Solutions and Support, Inc.'s 2024 Annual Meeting.