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Stockreport

FAA Certifies Protection System Against Catastrophic Loss-of-Engine Accidents

Innovative Solutions and Support, Inc. (ISSC)  More Company Research Source: Business Wire
US:NASDAQ Investor Relations: innovative-ss.com/investor-relations
EXTON, Pa.--(BUSINESS WIRE)--The Federal Aviation Administration (FAA), following over two years of multi-departmental review, has awarded a first-of-its-kind Supplemental Type Certificate (STC) to Innovative Solutions & Support, Inc. (NASDAQ: ISSC) for protection against one-engine-inoperative (OEI) catastrophic loss-of-control accidents. Authorities suggest that one-engine-inoperative loss-of-control accidents are responsible for as many as 90 fatalities annually.Industry periodicals write:“While pilots who haven’t flown with an auto-throttle might not fully appreciate its benefits, the King Air ThrustSense® system adds more than just easier speed control and engine management. In the King Air, the IS&S auto-throttles also offer a significant safety benefit in case of failure of one engine, especially on takeoff. This hazard has come under the microscope as a result of a pair of King Air takeoff accidents: in Wichita in 2014; and Addison, Texas, on July 1 this year.” -Matt Thurb [Read more]

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Stockreport

FAA Certifies Protection System Against Catastrophic Loss-of-Engine Accidents

Innovative Solutions and Support, Inc.  (ISSC) 
US:NASDAQ Investor Relations: innovative-ss.com/investor-relations
EXTON, Pa.--(BUSINESS WIRE)--The Federal Aviation Administration (FAA), following over two years of multi-departmental review, has awarded a first-of-its-kind Supplemental Type Certificate (STC) to Innovative Solutions & Support, Inc. (NASDAQ: ISSC) for protection against one-engine-inoperative (OEI) catastrophic loss-of-control accidents. Authorities suggest that one-engine-inoperative loss-of-control accidents are responsible for as many as 90 fatalities annually.Industry periodicals write:“While pilots who haven’t flown with an auto-throttle might not fully appreciate its benefits, the King Air ThrustSense® system adds more than just easier speed control and engine management. In the King Air, the IS&S auto-throttles also offer a significant safety benefit in case of failure of one engine, especially on takeoff. This hazard has come under the microscope as a result of a pair of King Air takeoff accidents: in Wichita in 2014; and Addison, Texas, on July 1 this year.” -Matt Thurb [Read more]

IMPACT SNAPSHOT
EVENT TIME:
ISSC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS