---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-100499"
form_type: "8-K/A"
ticker: "ISSC"
cik: "0000836690"
company_name: "INNOVATIVE SOLUTIONS & SUPPORT INC"
filed_at: "2023-09-13T23:59:59+00:00"
generated_at: "2026-06-10T19:41:21.932932+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ISSC closes $36M asset purchase of Honeywell inertial, communication & navigation product lines

## Summary
- Acquired business had net sales of $21.5M and $20.6M for years ended Dec 2022 and 2021, respectively.
- Net sales in excess of direct costs were $9.6M (2022) and $7.8M (2021); inventory acquired ~$9.1M as of June 2023.
- Deal includes perpetual IP licenses, inventory, equipment, and a transition services agreement at no extra cost.
- Pro forma combined statements for ISSC reflect addition of acquired revenue; no adjustments for synergies shown.
- Assets acquired as of June 30, 2023 total ~$10.6M (inventory $9.1M, equipment $1.5M).

## SEC filing metadata
- accession: 0001104659-23-100499
- form_type: 8-K/A
- ticker: ISSC
- cik: 0000836690
- company_name: INNOVATIVE SOLUTIONS & SUPPORT INC
- filed_at: 2023-09-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/836690/000110465923100499/0001104659-23-100499-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/836690/000110465923100499/tm2325955d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-100499
- JSON: https://secwatch.observer/filing/0001104659-23-100499.json
- Plain text: https://secwatch.observer/filing/0001104659-23-100499.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.