---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-105936"
form_type: "8-K"
ticker: "ISSC"
cik: "0000836690"
company_name: "INNOVATIVE SOLUTIONS & SUPPORT INC"
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:55:12.096443+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IS&S acquires exclusive license for Honeywell military display generators and flight control computers for $14.2M

## Summary
- Acquired exclusive license for Honeywell's military display generators and flight control computers for $14.2M in cash.
- Transaction includes exclusive IP rights, transfer of existing inventory, and assignment of certain contracts.
- Increased bank credit facility to $35M with PNC Bank, maturing December 19, 2028, to finance the acquisition.
- Acquisition expands IS&S's military aviation presence; company assumes repair, manufacturing, and upgrade responsibilities after transition.
- CEO Shahram Askarpour cites strengthened position and operational efficiencies; PNC Bank provided support.

## SEC filing metadata
- accession: 0001104659-24-105936
- form_type: 8-K
- ticker: ISSC
- cik: 0000836690
- company_name: INNOVATIVE SOLUTIONS & SUPPORT INC
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/836690/000110465924105936/0001104659-24-105936-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/836690/000110465924105936/tm2425517d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-105936
- JSON: https://secwatch.observer/filing/0001104659-24-105936.json
- Plain text: https://secwatch.observer/filing/0001104659-24-105936.txt

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