Eclipse Partnership
On March 5, 2007, shortly after its announcement to part with Avidyne, Eclipse Aviation published an announcement that described the Next Generation Avio System and its suppliers. Innovative Solutions & Support, Inc. was listed as the main supplier and will provide the bulk of the package, including the PFD and MFD displays and the software included with them. This agreement is one of the biggest for IS&S. The day after the announcement, IS&S stock increased almost 20%, closing at $23.10, a 20-month high. Volume increased over 500% to just over 1 million shares.
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