June 15, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Innovative Solutions & Support, Inc. (NASDAQ: ISSC) said it has $12 million of released orders during the current fiscal quarter to date ending June 30, 2010.

The company said it received orders for cockpit displays and air data products in the military (58%), commercial air transport (37%), and general aviation (5%) segments.

Innovative said that, of the $12 million total, there are orders on platforms that have opportunity for, “significant, additional sales not included in these releases.”

The company said it booked, in its military segment, an order for a full flight deck retrofit of the C-130 aircraft. Its commercial air transport segment includes the release for $4 million for B757 Cockpit/IP flat panel display systems.

Innovative said it expects the releases and new orders to enter production in the next quarter and be substantially completed within the next eighteen months.

Pennsylvania-based Innovative Solutions & Support designs, manufactures and markets flat-panel display systems, flight information computers and advanced monitoring systems that measure and display primary and other critical flight information.

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