Flight management system

Innovative Solutions & Support, Inc. Appoints Shahram Askarpour as Chief Executive Officer

Retrieved on: 
Friday, January 14, 2022 - 9:30pm

Innovative Solutions & Support, Inc. (NASDAQ: ISSC) today announces that the Board of Directors has appointed Dr. Shahram Askarpour, the Companys President, to the role of Chief Executive Officer.

Key Points: 
  • Innovative Solutions & Support, Inc. (NASDAQ: ISSC) today announces that the Board of Directors has appointed Dr. Shahram Askarpour, the Companys President, to the role of Chief Executive Officer.
  • Dr. Askarpours appointment follows yesterdays announcement of the untimely passing of former IS&S Chairman and CEO Geoffrey S. M. Hedrick.
  • Since founding IS&S in 1988, Geoff built up a strong and reliable management team to solidify our company for the future.
  • About Innovative Solutions & Support, Inc.
    Headquartered in Exton, Pa., Innovative Solutions & Support, Inc. ( www.innovative-ss.com ) is a systems integrator that designs and manufactures flight guidance and cockpit display systems for Original Equipment Manufacturers (OEMs) and retrofit applications.

Innovative Solutions & Support, Inc. Mourns Death of Chairman & CEO Geoff Hedrick

Retrieved on: 
Thursday, January 13, 2022 - 9:30pm

We will miss the creativity, keen intellect and leadership Geoff has shown over the past several decades.

Key Points: 
  • We will miss the creativity, keen intellect and leadership Geoff has shown over the past several decades.
  • In 1971, Mr. Hedrick founded Harowe Systems, Inc. as a joint venture with another company in aerospace hardware.
  • During the course of his career in avionics, Mr. Hedrick held nearly 100 patents in the electronics, optoelectric, electromagnetic, aerospace and contamination-control fields.
  • About Innovative Solutions & Support, Inc.
    Headquartered in Exton, Pa., Innovative Solutions & Support, Inc. ( www.innovative-ss.com ) is a systems integrator that designs and manufactures flight guidance and cockpit display systems for Original Equipment Manufacturers (OEMs) and retrofit applications.

ATP Flight School Partners With Avelo Airlines and Introduces the Avelo Direct Program for Graduates

Retrieved on: 
Tuesday, December 28, 2021 - 3:00pm

JACKSONVILLE BEACH, Fla., Dec. 28, 2021 (GLOBE NEWSWIRE) -- ATP Flight School has formed a pilot hiring partnership with Avelo Airlines.

Key Points: 
  • JACKSONVILLE BEACH, Fla., Dec. 28, 2021 (GLOBE NEWSWIRE) -- ATP Flight School has formed a pilot hiring partnership with Avelo Airlines.
  • Under the Avelo Airlines Direct Program, pilots progress straight from ATP at 1,500 hours to a Boeing 737 First Officer position with Avelo.
  • The Avelo Direct Program provides an innovative solution to pilots looking to accelerate their careers while providing Avelo with a steady flow of qualified applicants during the present pilot shortage.
  • Graduates gain further experience flying as instructors with ATP, and at 1,500 hours of flight time, participants in the Avelo Direct Program can advance to a first officer position with the airline.

Innovative Solutions & Support, Inc. Announces Fourth Quarter and Full Year Fiscal 2021 Financial Results

Retrieved on: 
Wednesday, December 8, 2021 - 9:30pm

Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the fourth quarter and full fiscal year 2021 ended September 30, 2021.

Key Points: 
  • Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the fourth quarter and full fiscal year 2021 ended September 30, 2021.
  • For the fourth quarter of fiscal 2021, the Company reported net sales of $6.9 million up over 9% as compared to $6.3 million in the fourth quarter a year ago.
  • The Company recorded tax expense in the fourth quarter of fiscal 2021 of $0.4 million, no tax expense was incurred in the fourth quarter of fiscal 2020.
  • New orders in the fourth quarter of fiscal 2021 were approximately $6.5 million and backlog as of September 30, 2021 was $9.1 million.

Innovative Solutions & Support Announces the Release Date of Fourth Quarter and Fiscal Year 2021 Earnings and Conference Call Information

Retrieved on: 
Wednesday, December 1, 2021 - 9:30pm

Innovative Solutions & Support, Inc. (NASDAQ: ISSC) announced today that the Company will release results for the fourth quarter 2021 (period ended September 30, 2021) on Wednesday, December 8, 2021 after the market closes.

Key Points: 
  • Innovative Solutions & Support, Inc. (NASDAQ: ISSC) announced today that the Company will release results for the fourth quarter 2021 (period ended September 30, 2021) on Wednesday, December 8, 2021 after the market closes.
  • The Company will host a conference call the next day, Thursday, December 9, 2021 at 10:00 AM Eastern time, to discuss these results.
  • Please use the following dial in number to register your name and company affiliation for the conference call: 1-877-270-2148.
  • About Innovative Solutions & Support, Inc.
    Headquartered in Exton, Pa., Innovative Solutions & Support, Inc. ( www.innovative-ss.com ) is a systems integrator that designs and manufactures flight guidance and cockpit display systems for Original Equipment Manufacturers (OEMs) and retrofit applications.

Beechcraft Denali Enters Flight Test Phase with Landmark First Flight

Retrieved on: 
Tuesday, November 23, 2021 - 7:01pm

The milestone first flight is a major step for the clean-sheet design aircraft and begins the important flight test program that substantiates the segment-leading performance expected of the Denali.

Key Points: 
  • The milestone first flight is a major step for the clean-sheet design aircraft and begins the important flight test program that substantiates the segment-leading performance expected of the Denali.
  • View the full release here: https://www.businesswire.com/news/home/20211123006078/en/
    The Beechcraft Denali made its first flight from the Textron Aviation's west campus at Eisenhower International Airport in Wichita Tuesday morning.
  • (Photo: Business Wire)
    The Beechcraft Denali is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.
  • We are really off to an excellent start for the Denali flight test program.

IS&S ThrustSense® Autothrottle Deliveries for CJ Series Aircraft in Calendar Year 2022 and King Air Calendar Year 2021

Retrieved on: 
Monday, October 11, 2021 - 9:15pm

The ThrustSense Autothrottle now features a configuration adaptor that will allow an operator the option to purchase the system for their current flight deck.

Key Points: 
  • The ThrustSense Autothrottle now features a configuration adaptor that will allow an operator the option to purchase the system for their current flight deck.
  • The autothrottle system is engaged for takeoff and advances the Throttle Levers to the takeoff detent on jets.
  • The ThrustSense Autothrottle enables automatic control of engine power settings guarding the power levels within safe limits.
  • The IS&S ThrustSense Autothrottle is standard equipment on the King Air 260 and 360 and is available for retrofit on the King Air 200 and 300 as well as the Pilatus PC-12 Legacy and NG.

New Analysis from Global Industry Analysts Reveals Steady Growth for Flight Navigation System, with the Market to Reach $18.5 Billion Worldwide by 2026

Retrieved on: 
Friday, October 8, 2021 - 3:15pm

SAN FRANCISCO, Oct. 8, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Flight Navigation System - Global Market Trajectory & Analytics ."

Key Points: 
  • SAN FRANCISCO, Oct. 8, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Flight Navigation System - Global Market Trajectory & Analytics ."
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • The U.S. Market is Estimated at $3.7 Billion in 2021, While China is Forecast to Reach $3.8 Billion by 2026
    The Flight Navigation System market in the U.S. is estimated at US$3.7 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

New Study from StrategyR Highlights a $3.7 Billion Global Market for Flight Management Systems (FMS) by 2026

Retrieved on: 
Friday, October 8, 2021 - 3:10pm

SAN FRANCISCO, Oct. 8, 2021 /PRNewswire/-- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Flight Management Systems (FMS) - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Oct. 8, 2021 /PRNewswire/-- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Flight Management Systems (FMS) - Global Market Trajectory & Analytics" .
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • In the global Flight Management Computer (FMC) segment, USA, Canada, Japan, China and Europe will drive the 5.2% CAGR estimated for this segment.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

IS&S ThrustSense® Full Regime Autothrottle Continues to Add Global Certifications

Retrieved on: 
Tuesday, September 7, 2021 - 3:00pm

Expanding along with the number of countries currently certifying ThrustSense, are the actual numbers of different King Air configurations now compatible with the IS&S auto-throttle.

Key Points: 
  • Expanding along with the number of countries currently certifying ThrustSense, are the actual numbers of different King Air configurations now compatible with the IS&S auto-throttle.
  • Categories of newly customized ThrustSense King Airs include special mission, extended range, heavy-weight and Blackhawk aircraft.
  • The IS&S ThrustSense Autothrottle with LifeGuard Protection is a full regime system from take-off roll to landing phases of flight including go-around.
  • ThrustSense is the first and only certified autothrottle for King Air 200 and 300 aircraft and is standard equipment on King Air 260 and 360 production models.