Innovative Solutions & Support's ThrustSense Autothrottle Selected For U.S. Army C-12 Fleet
Portfolio Pulse from Benzinga Newsdesk
Innovative Solutions & Support, Inc.'s ThrustSense Autothrottle system has been selected by the US Army for their C-12 aircraft, enhancing safety and efficiency. Deliveries begin immediately following a September 2024 contract award.

October 10, 2024 | 1:33 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Innovative Solutions & Support, Inc. (NASDAQ:ISSC) has secured a contract with the US Army to supply its ThrustSense Autothrottle system for C-12 aircraft, marking a significant advancement in aviation safety and efficiency.
The selection of ISSC's ThrustSense Autothrottle by the US Army is a significant endorsement of the product's capabilities, likely boosting investor confidence and potentially increasing ISSC's stock price in the short term. The immediate start of deliveries further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100