Apr. 2 at 7:50 PM
$ISSC This is getting interesting. ISSC seems to be methodically progressing towards its 2029
$250M revenue (25%+ Adj EBITDA margin) goal.
Some detail on todays announced Honeywell product acquisitions by ISSC from the SEC filing
(ISSC paid
$30M total for the Autopilots and Generators assets):
"Honeywell sold, assigned or licensed certain assets related to its general aviation autopilots and nav/com, multifunction display and transponder radios .... to the Company for consideration of
$22.0 million in cash."
"Honeywell sold, assigned or licensed certain assets related to its electronic generator and generator control unit for the F-15 and 767 tanker/freight platforms .... to the Company for consideration of
$8.0 million in cash."
I'm sort of hoping ISSC issued 1m or so shares of new stock from their
$100M shelf at the recent highs to help fund this acquisition.
Lets see how this changes the Analysts forecasts.
