secwatch.observer — SEC 8-K summary
======================================

Issuer:     INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
CIK:        0000836690
Form:       8-K/A
Filed at:   2026-10-06T21:42:08+00:00
Accession:  0001104659-26-114137
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

ISS closes Aydin Displays acquisition; target FY2025 net sales $16.3M, net income $882K, H1 2026 net loss $69K
--------------------------------------------------------------------------------

- Innovative Solutions and Support acquired Sparton Aydin, LLC (Aydin Displays) from Sparton Corp., a unit of Elbit Systems of America, closing July 21, 2026.
- Aydin FY2025: net sales $16.33M, gross profit $4.45M, net income $882K; H1 2026: net sales $7.30M, gross profit $1.47M, net loss $69K.
- Aydin balance sheet at June 30, 2026: total assets $28.87M, goodwill $10.33M, intangibles $3.00M, cash $1.43M; FY2025 operating cash flow $457K vs. H1 2026 use of $360K.
- Five customers accounted for 72% of FY2025 sales and 76% of H1 2026 sales; Aydin makes MIL-STD ruggedized displays 10" to 65" for ground, naval, airborne and ATC use.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/836690/000110465926114137/0001104659-26-114137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/836690/000110465926114137/tm2626969d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-114137

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer