Innovative Aerosystems Seeks Acquisitions

Published: 2026-05-14 15:35:29 ET ISSC

Published on 05/14/2026 at 03:35 pm EDT

Innovative Aerosystems, Inc. (NasdaqGS:ISSC) is looking for acquisitions. During the Innovative Aerosystems Second Quarter Fiscal Year 2026 Results Conference Call, Shahram Askarpour, CEO, said, "Our acquisition funnel remains robust, and we see additional opportunities as we continue to execute on our strategic growth initiatives." "We will remain disciplined in our approach, continuing to focus on transactions and investments that advance our strategic objectives." "We are at a position now where we're still looking at acquisitions. We've got the dry powder to go do that.

Obviously, product line acquisitions are good, but we would only do that if they're strategic to us. We're also looking at acquiring businesses that complement us. And that's an active -- we've got a pretty active pipeline." "And we will continue to evaluate.

And if we find things that are of interest to us and they're profitable and the good businesses, we will acquire them." "Actually, pipeline looks very good. It's -- Honeywell is obviously, they're splitting the company at end of this quarter. So for this quarter, we haven't seen any product divestitures.

That was at least related to us. But I'm pretty sure once that's over with, they will divest additional product lines that they've indicated planning to do so. Some of those are of interest to us.

But we've now obviously opened up our aperture quite a lot. And we're looking at a lot of other companies' divestitures. And some of them are just product lines, some of them are divisions, which we find interesting, and we're looking at those".