SwingTrade Member Forum

[Zephyr]

ISSC - U.S. Air Force Selects Innovative Solutions & Support to Replace Air Data Computers on A-10 Thunderbolts; Recent New Contracts Now Total Net $8.5 Million
8/16/2004 3:24:00 PM


EXTON, Pa., Aug 16, 2004 (BUSINESS WIRE) -- Innovative Solutions & Support (ISSC) today announced that the company has been awarded $8.5 million in contracts, including one for $5.5 million to replace and update the onboard air data equipment in the U.S. Air Force's fleet of A-10 Thunderbolts.

Under the Air Force contract, Innovative Solutions & Support will replace aging air data equipment critical to aircraft performance on the Air Force's entire fleet of A-10 Thunderbolts. The new air data computer will improve reliability as well as reduce maintenance costs and downtime for the aircraft. The A-10 Thunderbolts, first deployed in the 1970s, have proven to be one of the Air Force's most effective, versatile and reliable battle weapons, and have been deployed extensively in recent international conflicts.

The $5.5 million contract underscores the company's growth prospects as it brings to market the next generation of air data equipment.

"We see a tremendous market for advanced air data equipment that offers key benefits of lighter, cheaper, more reliable and flexible technologies, while providing greater situational awareness for military, commercial and general aviation pilots," says Roman Ptakowski, President of Innovative Solutions & Support. "We are proud of our ability to meet U.S. Air Force stringent standards for the A-10, which has served as a critical strategic weapon for more than 30 years."

"The A-10 continues to be the close ground support workhorse," says Col. Mark Donahue, A-10 System Program Director. "The Air Force is continually assessing to improve its war fighting capability and at the same time considering the most effective use of the taxpayer dollar. This contract will improve the reliability and supportability of the Thunderbolt II well into the 21st century."

The U.S. Air Force contract brings recent new orders for the company to $8.5 million. The company also received contracts worth $3.0 million to supply RVSM (Reduced Vertical Separation Minimum), equipment and technology to an installer and a manufacturer of private jets. RVSM equipment enables aircraft to meet FAA mandates for vertical flight separation through more accurate onboard data equipment.

About Innovative Solutions & Support

Headquartered in Exton, PA. Innovative Solutions & Support, Inc. (www.innovative-ss.com) designs, manufactures and markets flight reference computers, electronic displays and advanced monitoring systems that measure and display critical flight information. This includes critical altitude information for compliance to new mandatory reduced vertical separation standards (RVSM, Reduced Vertical Separation Minimum), airspeed and altitude as well as engine and fuel data measurements.

SOURCE: Innovative Solutions & Support

Innovative Solutions & Support, Exton
James Reilly, 610-646-9800


Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.


Copyright (C) 2004 Business Wire. All rights reserved.