UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

current report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 13, 2022

INNOVATIVE SOLUTIONS AND SUPPORT, INC.

(Exact name of registrant as specified in its charter)

Pennsylvania	0-31157	23-2507402
(State or other jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

720 Pennsylvania Drive

Exton, Pennsylvania 19341

(Address of principal executive offices) (Zip Code)

(610) 646-9800

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.001 per share	ISSC	Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.           ¨

Item 8.01

Other Events.

On January 13, 2022, Innovative Solutions and Support, Inc. issued a press release announcing the death of its Chairman of the Board and Chief Executive Officer, Geoffrey S. M. Hedrick. A copy of that press release is attached as Exhibit 99.1 to this report and incorporated herein by reference.

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number		Description
99.1		Press Release, dated January 13, 2022.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	INNOVATIVE SOLUTIONS AND SUPPORT, INC.

Date: January 13, 2022	By:	/s/ Relland M. Winand
		Relland M. Winand
		Chief Financial Officer

Exhibit 99.1

Innovative Solutions & Support, Inc. Mourns Death of
Chairman & CEO Geoff Hedrick

EXTON, Pa.--(January 13, 2022)--Innovative Solutions & Support, Inc. (NASDAQ: ISSC) today issued the following statement:

“It is with great sadness that we announce that Geoffrey S. M. Hedrick, our founder, Chairman of the Board and Chief Executive Officer, has passed away due to complications from a sudden illness. The entire IS&S family mourns this tragic loss. He will be sorely missed.”

Glen R. Bressner, the Vice Chairman of the Board of Directors of IS&S, added: “On behalf of our Board of Directors, management team, and employees, we extend our deepest sympathies to Mr. Hedrick’s wife, daughter and loved ones. We will miss the creativity, keen intellect and leadership Geoff has shown over the past several decades.”

Mr. Hedrick spent his entire professional career in the avionics industry. Following his electrical engineering education at Cornell he worked briefly in the aviation instrument subsidiary of Bulova. In 1971, Mr. Hedrick founded Harowe Systems, Inc. as a joint venture with another company in aerospace hardware. By 1978, Harowe Systems had grown substantially and was spun out and acquired by Smiths Industries. He continued to run Harowe and later served as President and Chief Executive Officer of Smiths Industries North American Aerospace Companies. In 1988, he founded IS&S where he served as Chairman and Chief Executive Officer. During the course of his career in avionics, Mr. Hedrick held nearly 100 patents in the electronics, optoelectric, electromagnetic, aerospace and contamination-control fields.

Press Contact:

Jason Zywalewski

+1 610.646.9800 x 609

[email protected]

About Innovative Solutions & Support, Inc.

Headquartered in Exton, Pa., Innovative Solutions & Support, Inc. (www.innovative-ss.com) is a systems integrator that designs and manufactures flight guidance and cockpit display systems for Original Equipment Manufacturers (OEMs) and retrofit applications. The company supplies integrated Flight Management Systems (FMS), Auto-Throttle Systems and advanced GPS receivers for precision low carbon footprint navigation.

This release may contain certain statements of a forward-looking nature relating to future events. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements due to factors such as those discussed in filings made by the Company with the SEC, and readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise.