Innovative Aerosystems to Join U.S. Small-Cap Russell 2000® Index

About this update from Innovative Solutions And Support, Inc.

EXTON, Pa., June 29, 2026--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (Nasdaq: ISSC) dba Innovative Aerosystems and its subsidiaries ("IA" or the "Company"), a leading provider of advanced avionic solutions for commercial, business, and military aviation markets, today announced that the Company was added as a member of the US small-cap Russell 2000® Index, effective after the US market opens on June 29, as part of the 2026 Russell indexes reconstitution. "We are pleased to be joining these important market indices, which serve as leading benchmarks for institutional investors and enhances our visibility among the investment community," said Shahram Askarpour, Chief Executive Officer of Innovative Aerosystems. "This is an important milestone in our Company's evolution and is a direct reflection of the important progress we have made against our strategic priorities and the long-term investments we have been making to scale our business and drive value for our shareholders." Membership in the Russell 2000® Index, which remains in place for half a year beginning 2026, is based on membership in the broad-market Russell 3000® Index. The stock also was automatically added to the appropriate growth and value indexes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2025, about $12.2 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider. For more information on the Russell 2000® Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website. ABOUT INNOVATIVE AEROSYSTEMS Headquartered in Exton, Pa., Innovative Aerosystems is a U.S.-based company specializing in the engineering, manufacturing, and supply of advanced avionic solutions. Its extensive global product reach and customer base span commercial, business, and military aviation markets, catering to both airframe manufacturers and aftermarket services for fixed-wing and rotorcraft applications. IA offers cutting-edge, cost-effective solutions while maintaining legacy product lines. The company is poised to leverage its experience to create growth opportunities in next-generation navigation systems, advanced flight deck and special mi...

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