{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-05T06:43:30.108734+00:00","company":{"ticker":"ISSC","cik":836690,"company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC"},"pagination":{"limit":100,"returned":13,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"material_agreement","fact_key":"94b2bad836f27170465a6a6321e921d4fce41e2e","cik":836690,"ticker":"ISSC","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2026-04-02T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Generators Asset Purchase and License Agreement","agreement_type":"asset_purchase","counterparty":"Honeywell International Inc.","effective_date":"2026-03-28","item_codes_triggered":["1.01"],"value_text":"$8.0 million in cash"},"claim":"INNOVATIVE SOLUTIONS & SUPPORT INC entered into Generators Asset Purchase and License Agreement with Honeywell International Inc. valued at $8.0 million in cash (effective 2026-03-28).","evidence_excerpt":"On March 28, 2026, the Company entered into and closed the transactions contemplated by that certain Asset Purchase and License Agreement (the “ Generators Agreement ”) with Honeywell. Pursuant to the Generators Agreement, Honeywell sold, assigned or licensed certain assets related to its electronic generator and generator control unit for the F-15 and 767 tanker/freight platforms, including a sale of certain inventory, equipment and customer-related documents; an assignment of certain contracts; and a grant of exclusive and non-exclusive licenses to use certain Honeywell intellectual property related to its electronic generator and generator control unit for the F-15 and 767 tanker/freight platforms to repair, overhaul, manufacture, sell, import, export and distribute certain products to the Company for consideration of $8.0 million in cash.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-26-038902","anchor_url":"https://secwatch.observer/filing/0001104659-26-038902#claim-94b2bad836f27170465a6a6321e921d4fce41e2e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/836690/000110465926038902/0001104659-26-038902-index.htm"},{"fact_type":"material_agreement","fact_key":"8810c491ac65ada5bd5c37b6bfccf4a834b67443","cik":836690,"ticker":"ISSC","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2026-04-02T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Autopilot Asset Purchase and License Agreement","agreement_type":"asset_purchase","counterparty":"Honeywell International Inc.","effective_date":"2026-03-27","item_codes_triggered":["1.01"],"value_text":"$22.0 million in cash"},"claim":"INNOVATIVE SOLUTIONS & SUPPORT INC entered into Autopilot Asset Purchase and License Agreement with Honeywell International Inc. valued at $22.0 million in cash (effective 2026-03-27).","evidence_excerpt":"On March 27, 2026, Innovative Solutions and Support, Inc. (the “ Company ”) entered into and closed the transactions contemplated by that certain Asset Purchase and License Agreement (the “ Autopilot Agreement ”) with Honeywell International Inc. (“ Honeywell ”). Pursuant to the Autopilot Agreement, Honeywell sold, assigned or licensed certain assets related to its general aviation autopilots and nav/com, multifunction display and transponder radios, granted exclusive and non-exclusive licenses to use certain Honeywell intellectual property related to its general aviation autopilots and nav/com, multifunction display and transponder radios to repair, overhaul, manufacture, sell, import, export and distribute certain products and granted certain other intellectual property rights to the Company for consideration of $22.0 million in cash.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-26-038902","anchor_url":"https://secwatch.observer/filing/0001104659-26-038902#claim-8810c491ac65ada5bd5c37b6bfccf4a834b67443","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/836690/000110465926038902/0001104659-26-038902-index.htm"},{"fact_type":"ma_transaction","fact_key":"298b0065d102e8e546c2ace25fa2b066c711d61b","cik":836690,"ticker":"ISSC","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2026-04-02T23:59:59+00:00","payload":{"action":"acquisition","closing_date":"2026-03-28","consideration_text":"$8.0 million in cash","counterparty":"Honeywell International Inc.","effective_date":"2026-03-28","item_codes_triggered":["2.01"]},"claim":"INNOVATIVE SOLUTIONS & SUPPORT INC completed an acquisition involving Honeywell International Inc. for $8.0 million in cash (closed 2026-03-28).","evidence_excerpt":"unit\nfor the F-15 and 767 tanker/freight platforms to repair, overhaul, manufacture, sell, import, export and distribute certain products to\nthe Company for consideration of $8.0 million in cash. The Generators Agreement contains customary representations and warranties\nof Honeywell regarding Honeywell’s authority to enter into the Generators Agreement,","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-26-038902","anchor_url":"https://secwatch.observer/filing/0001104659-26-038902#claim-298b0065d102e8e546c2ace25fa2b066c711d61b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/836690/000110465926038902/0001104659-26-038902-index.htm"},{"fact_type":"ma_transaction","fact_key":"d93e483ffff9ec0b7ad7f30e2770b98acbadf426","cik":836690,"ticker":"ISSC","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2026-04-02T23:59:59+00:00","payload":{"action":"acquisition","closing_date":"2026-03-27","consideration_text":"$22.0 million in cash","counterparty":"Honeywell International Inc.","effective_date":"2026-03-27","item_codes_triggered":["2.01"]},"claim":"INNOVATIVE SOLUTIONS & SUPPORT INC completed an acquisition involving Honeywell International Inc. for $22.0 million in cash (closed 2026-03-27).","evidence_excerpt":"to repair, overhaul, manufacture, sell, import, export and distribute certain products and granted certain\nother intellectual property rights to the Company for consideration of $22.0 million in cash. The Autopilot Agreement contains customary representations and warranties\nof Honeywell regarding Honeywell’s authority to enter into the Autopilot Agreement, compliance","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-26-038902","anchor_url":"https://secwatch.observer/filing/0001104659-26-038902#claim-d93e483ffff9ec0b7ad7f30e2770b98acbadf426","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/836690/000110465926038902/0001104659-26-038902-index.htm"},{"fact_type":"debt_financing","fact_key":"766dbe968a655b53001b7b1b4133e0f022991be6","cik":836690,"ticker":"ISSC","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2025-07-22T23:59:59+00:00","payload":{"counterparty":"JPMorgan Chase Bank, N.A.","effective_date":"2025-07-18","event":"incurrence","instrument_type":"credit_facility","interest_rate_text":"Adjusted Term Secured Overnight Financing Rate (“SOFR”) plus an applicable margi","item_codes_triggered":["2.03"],"maturity_text":"five years following the date of the initial advance","principal_text":"up to USD $100.0 million"},"claim":"INNOVATIVE SOLUTIONS & SUPPORT INC incurred credit facility of up to USD $100.0 million with JPMorgan Chase Bank, N.A. at Adjusted Term Secured Overnight Financing Rate (“SOFR”) plus an applicable margi maturing five years following the date of the initial advance.","evidence_excerpt":"On July 18, 2025, Innovative Solutions and Support, Inc. (the “Company”), its wholly-owned subsidiary Innovative Solutions and Support, LLC (“Borrower”) and certain domestic subsidiaries entered into a Credit Agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A. (the “Bank”) and the other lender parties thereto, which Credit Agreement provides for the Bank to extend to the Borrower credit facilities in an aggregate principal amount of up to USD $100.0 million (the “Credit Facilities”)","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-25-009373","anchor_url":"https://secwatch.observer/filing/0001558370-25-009373#claim-766dbe968a655b53001b7b1b4133e0f022991be6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/836690/000155837025009373/0001558370-25-009373-index.htm"},{"fact_type":"executive_change","fact_key":"4e82ff9e46","cik":836690,"ticker":"ISSC","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2025-01-27T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-01-27","interim":false,"role":"independent director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Denise Devine was appointed as independent director at INNOVATIVE SOLUTIONS & SUPPORT INC.","evidence_excerpt":"appointed Denise Devine to serve as an independent director, effective immediately","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001558370-25-000437","anchor_url":"https://secwatch.observer/filing/0001558370-25-000437#claim-4e82ff9e46","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/836690/000155837025000437/0001558370-25-000437-index.htm"},{"fact_type":"executive_change","fact_key":"d966276f3c","cik":836690,"ticker":"ISSC","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2024-05-16T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-05-16","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Garry C. Dean was appointed as Director at INNOVATIVE SOLUTIONS & SUPPORT INC.","evidence_excerpt":"On May 16, 2024, Major General Garry C. Dean joined the Board of Directors (the “ Board ”) of Innovative Solutions and Support, Inc. (the “ Company ”) as an independent director for a term until the Company’s next annual meeting of shareholders or until his successor is duly elected and qualified or until his earlier death, disqualification, resignation or removal.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-062581","anchor_url":"https://secwatch.observer/filing/0001104659-24-062581#claim-d966276f3c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/836690/000110465924062581/0001104659-24-062581-index.htm"},{"fact_type":"earnings_release","fact_key":"cf9122f574c4b26bfb1e07277912e34549d9302f","cik":836690,"ticker":"ISSC","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2024-05-14T23:59:59+00:00","payload":{"eps_text":"$0.07 per share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$1.2 million","period_text":"second quarter of fiscal 2024 quarter ended March 31, 2024","report_date":"2024-05-13","result_type":"reported_results","revenue_text":"$10.7 million"},"claim":"INNOVATIVE SOLUTIONS & SUPPORT INC reported second quarter of fiscal 2024 quarter ended March 31, 2024 results: revenue $10.7 million, net income $1.2 million, EPS $0.07 per share.","evidence_excerpt":"Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today announced its financial results for the second quarter of fiscal 2024, which ended March 31, 2024. For the second quarter of fiscal 2024, IS&S reported net sales of $10.7 million, up 46% from $7.3 million in the second quarter a year ago. The Company reported net income of $1.2 million, or $0.07 per share, compared to net income of $1.3 million, or $0.07 per share, in the second quarter of fiscal 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-061118","anchor_url":"https://secwatch.observer/filing/0001104659-24-061118#claim-cf9122f574c4b26bfb1e07277912e34549d9302f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/836690/000110465924061118/0001104659-24-061118-index.htm"},{"fact_type":"shareholder_vote","fact_key":"34910f25c81f1bdb98f21951a3648b0bb0a37acd","cik":836690,"ticker":"ISSC","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2024-04-23T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-04-18","outcome":"passed","proposal_text":"Ratification of Appointment of Independent Registered Public Accounting Firm","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"7,357","votes_against":"1,665,124","votes_for":"13,393,654","votes_withheld":null}]},"claim":"INNOVATIVE SOLUTIONS & SUPPORT INC shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2024-04-18 meeting.","evidence_excerpt":"Proposal 3 : Ratification of Appointment of Independent Registered Public Accounting Firm For Against Abstain Broker Non-Votes 13,393,654 1,665,124 7,357 0 The Company’s shareholders ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2024.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-050579","anchor_url":"https://secwatch.observer/filing/0001104659-24-050579#claim-34910f25c81f1bdb98f21951a3648b0bb0a37acd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/836690/000110465924050579/0001104659-24-050579-index.htm"},{"fact_type":"shareholder_vote","fact_key":"850b1157352c9558a926d6ff9ed65ded19bd068b","cik":836690,"ticker":"ISSC","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2024-04-23T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-04-18","outcome":"passed","proposal_text":"Approval of the Innovative Solutions and Support, Inc. Amended and Restated 2019 Stock-Based Incentive Compensation Plan","proposal_type":"equity_plan","results":[{"broker_non_votes":"4,631,020","subject":null,"votes_abstain":"8,111","votes_against":"421,160","votes_for":"10,005,844","votes_withheld":null}]},"claim":"INNOVATIVE SOLUTIONS & SUPPORT INC shareholders approved Approval of the Innovative Solutions and Support, Inc. Amended and Restated 2019 Stock-Based Incentive Compensation Plan at the 2024-04-18 meeting.","evidence_excerpt":"Proposal 2 : Approval of the Innovative Solutions and Support, Inc. Amended and Restated 2019 Stock-Based Incentive Compensation Plan For Against Abstain Broker Non-Votes 10,005,844 421,160 8,111 4,631,020 The Company’s shareholders approved the adoption of the Innovative Solutions and Support, Inc. Amended and Restated 2019 Stock-Based Incentive Compensation Plan.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-050579","anchor_url":"https://secwatch.observer/filing/0001104659-24-050579#claim-850b1157352c9558a926d6ff9ed65ded19bd068b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/836690/000110465924050579/0001104659-24-050579-index.htm"},{"fact_type":"shareholder_vote","fact_key":"9d19288fb9bc9b0337dc2363288b4ebafd4ce557","cik":836690,"ticker":"ISSC","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2024-04-23T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-04-18","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","results":[{"broker_non_votes":"4,631,020","subject":"Shahram Askarpour","votes_abstain":null,"votes_against":null,"votes_for":"9,138,663","votes_withheld":"1,296,452"},{"broker_non_votes":"4,631,020","subject":"Roger A. Carolin","votes_abstain":null,"votes_against":null,"votes_for":"6,207,615","votes_withheld":"4,227,500"},{"broker_non_votes":"4,631,020","subject":"Glen R. Bressner","votes_abstain":null,"votes_against":null,"votes_for":"5,481,751","votes_withheld":"4,953,364"},{"broker_non_votes":"4,631,020","subject":"Stephen L. Belland","votes_abstain":null,"votes_against":null,"votes_for":"5,722,984","votes_withheld":"4,712,131"}]},"claim":"INNOVATIVE SOLUTIONS & SUPPORT INC shareholders approved Election of Directors at the 2024-04-18 meeting.","evidence_excerpt":"On April 18, 2024, Innovative Solutions and Support, Inc. (the “ Company ”) held its annual meeting of shareholders (the “ Annual Meeting ”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-050579","anchor_url":"https://secwatch.observer/filing/0001104659-24-050579#claim-9d19288fb9bc9b0337dc2363288b4ebafd4ce557","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/836690/000110465924050579/0001104659-24-050579-index.htm"},{"fact_type":"executive_change","fact_key":"2bf6f3045a","cik":836690,"ticker":"ISSC","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2024-03-21T23:59:59+00:00","payload":{"action":"transitioned from role","action_category":"departure","departure_tone":"routine","effective_date":"2024-04-08","interim":false,"role":"interim Chief Financial Officer","role_category":"cfo","successor_name":"Jeffrey DiGiovanni","successor_named":true},"claim":"Relland M. Winand changed role as interim Chief Financial Officer at INNOVATIVE SOLUTIONS & SUPPORT INC.","evidence_excerpt":"transition of Relland M. Winand from the role of interim Chief Financial Officer, also effective as of April 8, 2024","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-037253","anchor_url":"https://secwatch.observer/filing/0001104659-24-037253#claim-2bf6f3045a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/836690/000110465924037253/0001104659-24-037253-index.htm"},{"fact_type":"executive_change","fact_key":"fa7925a970","cik":836690,"ticker":"ISSC","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2024-03-21T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-04-08","interim":false,"role":"Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Jeffrey DiGiovanni was appointed as Chief Financial Officer at INNOVATIVE SOLUTIONS & SUPPORT INC.","evidence_excerpt":"announced the appointment of Jeffrey DiGiovanni to the position of Chief Financial Officer, effective as of April 8, 2024","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-037253","anchor_url":"https://secwatch.observer/filing/0001104659-24-037253#claim-fa7925a970","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/836690/000110465924037253/0001104659-24-037253-index.htm"}]}