Innovative Solutions & Support Inc. (ISSC) announced its acquisition of a license for various generations of military Display Generators and Flight Control Computers from Honeywell. The deal grants ISSC an exclusive license to manufacture, upgrade, and repair this product line.
The agreement also grants Innovative Solutions & Support exclusive intellectual property rights and includes the transfer of existing inventory necessary for continued manufacturing and support of the products. This acquisition significantly expands IS&S's capabilities and enhances its presence within the military aviation sector.
Following a transition period, Innovative Solutions & Support will be responsible for the activities formerly performed by Honeywell.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.