Innovative Solutions and Support

Innovative Solutions and Support

Infobox Company
company_name = Innovative Solutions & Support, Inc.
company_
company_slogan =
company_type = Public: (Nasdaq|ISSC)
foundation = 1988
location = Exton, PA
key_people = Raymond J. Wilson, C.B.E. (CEO), Roman G. Ptakowski (President)
industry = Aerospace
products = Avionics
revenue = 16.7 million USD (2006)
operating_income = 8.5 million USD (2006)
net_income = 2.9 million USD (2006)
num_employees = 138
parent =
subsid =
homepage = [http://www.innovative-ss.com/ Innovative-SS.com]
footnotes =

Innovative Solutions & Support, Inc. (Nasdaq|ISSC), is an avionics company based in Exton, PA. IS&S designs, develops, manufactures and markets flight information computers, flat-panel displays, and advanced monitoring systems to the military, airline, manufacturer, and corporate/general aviation markets. Until recently, IS&S limited itself to retro-fits only, but in 2007 the first OEM contract was signed with Eclipse Aviation.

History

In June 2007, Geoffrey S.M. Hedrick was replaced as CEO by Raymond J. Wilson, C.B.E. Previously Raymond was on the Board of Directors. Geoffrey remains the chairman of the company.

Products

Air Data

IS&S produces both air data computers, as well as the instruments necessary to display the information. Digital displays (LCDs) are incorporated within round dials, providing more information then traditional instruments. Another display option is to use a primary flight display (PFD). IS&S air data units comply with RVSM rules and the company is a major supporter of the new technology. [cite web|url=http://www.innovative-ss.com/productdetail.asp?ProductTypeID=1|title=Air Data|accessdate=2007-03-06]

Engine and Fuel Data

Engine and fuel information is also displayed on flat panel displays, or digital versions of traditional instruments. IS&S instruments can display a number of different meaurements from various sensors placed in the engine and fuel system. [cite web|url=http://www.innovative-ss.com/productdetail.asp?ProductTypeID=3|title=Engine Instruments|accessdate=2007-03-06] [cite web|url=http://www.innovative-ss.com/productdetail.asp?ProductTypeID=2|title=Fuel Gauges|accessdate=2007-03-06]

Cockpit Display Systems

IS&S has devolped a number of full cockpit display solutions. Packages include a B757/B767 retrofit cockpit, C-130 retrofit cockpit, and a brand new Eclipse 500 Avio Next-Generation cockpit. The retrofit products include multiple PFDs and MFDs which replace a large number of traditional instruments. The Avio Next Generation cockpit is a brand new display system developed for new Eclipse 500 very light jets. [cite web|url=http://www.innovative-ss.com/productdetail.asp?ProductTypeID=4|title=Cockpit Display Systems|accessdate=2007-03-06]

Eclipse Partnership

On March 5th, 2007, shortly after its announcement to part with Avidyne, Eclipse Aviation published an announcement that described the Next Generation Avio System and its suppliers. Innovative Solutions & Support, Inc. was listed as the main supplier and will provide the bulk of the package, including the PFD and MFD displays and the software included with them. [cite web|url=http://www.eclipseaviation.com/index.php?option=com_newsroom&task=viewpr&id=1215&Itemid=52|title=Eclipse Aviation Partners with World-Class Suppliers to Deliver Next-Generation Avio Total Aircraft Integration System|date=2007-03-05|accessdate=2007-03-05] This agreement is one of the biggest for IS&S. The day after the announcement, IS&S stock increased almost 20%, closing at $23.10, a 20-month high. Volume increased over 500% to just over 1 million shares. [cite web|url=http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ISSC&selected=ISSC|title=ISSC Summary Quote|accessdate=2007-03-06]

References

External links

* [http://www.innovative-ss.com/ Company web page]
* [http://www.eclipseaviation.com/eclipse_500/avio/ Avio NG]


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