Key Developments For Innovative Solutions and Support Inc
Innovative Solutions and Support Inc (ISSC.O) (Nasdaq)
Innovative Solutions & Support Awarded Cockpit Display Retrofit Contract For Falcon 2000 And 2000EX Aircraft
Innovative Solutions & Support announced that it has been selected by Dassault Falcon to provide flat-panel cockpit displays that will be offered as part of an upgrade program for operators of Falcon 2000 and 2000EX aircraft.
Innovative Solutions & Support Announces Award Of Contract By BAE Systems For U.S. Navy C-130T Aircraft
Innovative Solutions & Support announced that its Engine Instrument Display System (EIDS) has been selected by BAE Systems, Crestview, Fla., for integration and installation on the United States Navy C-130T fleet. Under the agreement, BAE Systems will install the Company's EIDS within the next two years. Integration and installation is scheduled to begin in early 2010. This will be followed by a series of flight tests and subsequent installation of the EIDS on the balance of the aircraft.
Innovative Solutions & Support Lowers FY 2009 Revenue Guidance; Issues FY 2009 EPS Guidance In Line With Analysts' Estimates
Innovative Solutions & Support announced that for fiscal 2009, it expects net sales of $35.0-$37.0 million and earnings per share (EPS) of $0.27-$0.29. According to Reuters Estimates, analysts were expecting the Company to report revenues of $38.2 million and EPS of $0.27 for the same period.
Innovative Solutions & Support Issues FY 2009 Revenue Guidance Below Analysts' Estimates
Innovative Solutions & Support announced that for fiscal 2009, it expects net revenues $37.0-$39.0 million. According to Reuters Estimates, analysts were expecting the Company to report EPS of $40.2 million for the same period.
Innovative Solutions & Support Enters Into Agreement With Rheinland Air Service To Distribute PC-12 FPDS In Europe
Innovative Solutions & Support announced that the Company has entered into an agreement with Rheinland Air Service (RAS) based in Germany, to act as a distributor and installer of Innovative Solutions & Support's (IS&S) Cockpit/IP Flat Panel Display System (FPDS) for PC-12 aircraft in Europe. Under this agreement with RAS, IS&S' FPDS for PC-12 aircraft will be available to customers in Albania, Austria, Belarus, Belgium, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Ireland, Latvia, Lithuania, Luxembourg, Moldavia, Monaco, Netherlands, Norway, Poland, Portugal, Romania, Russia, Serbia, Slovakia, Spain, Sweden, Switzerland, Ukraine and the United Kingdom. IS&S' retrofitted PC-12 aircraft also will be available to customers in Turkey.
