Innovative Aerosystems (IA)
Designs and services flight-deck and flight-guidance systems for aircraft retrofits and manufacturers.
Something off on this page? Send us feedback.
Designs, manufactures, sells, and services avionics for retrofit applications and original equipment manufacturers. Its one-segment portfolio combines internally developed flight-deck and flight-guidance equipment with licensed legacy Honeywell communication, navigation, and inertial products.
Designs, develops, manufactures, sells, and services avionics systems for aircraft retrofit applications and original equipment manufacturers. Internally developed offerings include air-data and standby equipment, primary flight guidance, autothrottles, cockpit and engine displays, integrated flight-management systems, GPS receivers, and communication/navigation products.
Licensed and acquired Honeywell product lines add inertial, communication, and navigation equipment to the portfolio. Recent transactions broadened the catalogue with legacy avionics assets and license rights. The business operates as one reportable segment, pairing company-developed systems with licensed Honeywell-derived avionics. Across this combined portfolio, it sells and services equipment for retrofit installations and OEM aircraft programs.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $10.7M · Total debt $54.3M · Total assets $148.0M · Shareholders' equity $77.2M
- Revenue
- $26.7M
- Operating income
- $6.0M
- Net income
- $4.5M
HistoryDividendAnnual yield
| Institutions | ≈ 53.40% | 9.56M shares | |
|---|---|---|---|
| 132 holders · as of Mar 31, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 37.64% | 6.74M shares | |
| 6 holders · as of Sep 2, 2026 | |||
| Other | ≈ 8.96% | 1.60M shares | |
| remainder | |||
17.90M company shares as of Sep 5, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Christopher Scott Ginieczki, as Personal Representative of the Estate of Geoffrey S. M. HedrickInsider | 19.87% | 3.56M | filed Dec 28, 2022 |
Christopher HarborneInsider10 percent owner | 8.85% | 1.58M | filed Jul 1, 2025 |
Norman H. PessinInsider | 4.81% | 861,825 | filed Sep 12, 2022 |
Marshall Wace, LLPInstitution | 4.21% | 753,377 | as of Mar 31, 2026 |
Vanguard Capital Management LLCInstitution | 3.50% | 625,775 | as of Mar 31, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
- Honeywell Aerospace
Broad flight-deck and navigation systems for OEM and aftermarket aircraft
- Garmin
OEM and retrofit avionics rival in integrated flight decks and flight control
- RTX
Flight-deck peer in aircraft navigation, guidance and cockpit systems
- GE Aerospace
Flight-management and navigation-data rival for civil and military aircraft
- Elbit Systems
Civil and military cockpit-avionics rival in displays and flight management
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Innovative Aerosystems | $18.14 | −1.36% | $329.2M | 17.5 | 17.5 | 3.5 | +10.7% |
| Honeywell Aerospace | $167.85 | −0.70% | $53.57B | — | 19.6 | — | — |
| Garmin | $280.52 | +0.07% | $54.04B | 28.9 | 27.3 | 7.0 | +11.4% |
| RTX | $189.81 | −2.33% | $261.92B | 34.2 | 25.8 | 2.8 | +14.5% |
| GE Aerospace | $318.29 | −0.23% | $330.99B | 37.7 | 37.8 | 6.5 | +14.6% |
| Elbit Systems | $741.59 | −1.21% | $35.17B | 56.1 | — | 4.1 | +15.9% |
| Median | 35.9 | 26.5 | 5.3 | +14.6% |







