Innovative Solutions & Support, Inc. Receives a $7.4 Million Order from the Department of Defense (DoD) for Air Data Equipment Modifications.EXTON, Pa. -- The United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Department of Defense announced that Innovative Solutions & Support, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ISSC ISSC International Ship Security Certificate ISSC Interstate Shellfish Sanitation Conference ISSC International Social Sciences Council ISSC Integrated Systems Solutions Corporation ISSC Information Systems Steering Committee ISSC Information Systems Sub-Committee ) was awarded a $7.4 million firm fixed price contract for digital air data computer, altimeter altimeter (ăltĭm`ĭtər, ăl`tĭmē'tər), device for measuring altitude. The most common type is an aneroid barometer calibrated to show the drop in atmospheric pressure in terms of linear elevation as an airplane, and airspeed indicator An instrument which displays the indicated airspeed of the aircraft derived from inputs of pitot and static pressures. modifications. The contracting activity for this effort is with the 448th Combat Sustaining Wing, Tinker Air Force Base, Oklahoma. Innovative Solutions & Support's President, Roman Ptakowski, today said, "The order from the Department of Defense underscores the Company position as a leading supplier of Air data equipment to the military as well as to commercial air transport and general aviation markets and that the Company would begin delivering on this award in the 2nd quarter." Innovative Solutions is a leading supplier of Air Data equipment with certified solutions for Falcon, Cessna Citation, Learjet, Gulfstream, Sabreliner, Raytheon King Air, Beechjet, Westwind, Hawker and Challenger business aircraft. The Company also has certified solutions for a wide variety of commercial air transport aircraft including DC-8's, DC-9's, B-707's, B-727's, and B-737's, as well as Military aircraft including A-10's, KC-135's, RC-135's and C-130's. Headquartered in Exton, PA. Innovative Solutions & Support, Inc. (www.innovative-ss.com) designs, manufactures and markets flight information computers, flat-panel displays and advanced monitoring systems that measure and display critical flight information. This includes data relative to aircraft separation, airspeed airspeed Noun the speed of an aircraft relative to the air in which it moves Noun 1. airspeed - the speed of an aircraft relative to the air in which it is flying speed, velocity - distance travelled per unit time and altitude as well as engine and fuel data measurements. Certain matters discussed in this news release, including operating and financial results for future periods, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially, either better or worse, from those discussed including other risks and uncertainties reflected in the Company's prospectus and Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. annual report on file with the SEC. |
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