<SEC-DOCUMENT>0001104659-20-134278.txt : 20201210
<SEC-HEADER>0001104659-20-134278.hdr.sgml : 20201210
<ACCEPTANCE-DATETIME>20201210171556
ACCESSION NUMBER:		0001104659-20-134278
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20201210
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20201210
DATE AS OF CHANGE:		20201210

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INNOVATIVE SOLUTIONS & SUPPORT INC
		CENTRAL INDEX KEY:			0000836690
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
		IRS NUMBER:				232507402
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-31157
		FILM NUMBER:		201381452

	BUSINESS ADDRESS:	
		STREET 1:		420 LAPP RD
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355
		BUSINESS PHONE:		6108899898

	MAIL ADDRESS:	
		STREET 1:		420 LAPP ROAD
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>tm2038256d1_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"></P>

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, DC 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1in"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 20%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>current
report<BR>
<BR>
</B></FONT><B>Pursuant to Section 13 or 15(d) of the</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Date of Report (Date of earliest event
reported): December 10, 2020</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 20%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1in"></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INNOVATIVE SOLUTIONS AND SUPPORT, INC.</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1in"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 20%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1in"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in
its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 36%; padding-top: 2pt; padding-right: -0.9pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Pennsylvania</B></FONT></TD>
    <TD STYLE="width: 24%; padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>0-31157</B></FONT></TD>
    <TD STYLE="width: 40%; padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>23-2507402</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(State or other jurisdiction of Incorporation)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(Commission File Number) </FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(I.R.S. Employer Identification No.)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1in"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 20%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>720 Pennsylvania Drive</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Exton, Pennsylvania 19341</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of principal executive offices)
(Zip Code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(610) 646-9800</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Registrant&#8217;s telephone number, including
area code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">&#168;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">&#168;</FONT> &nbsp;&nbsp;&nbsp;&nbsp;Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">&#168;</FONT> &nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#168;</FONT> </FONT>&nbsp;Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Securities registered pursuant to Section 12(b) of the Act:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 40%; border: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 2.2pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Title of each class</FONT></TD>
    <TD STYLE="width: 18%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 2.2pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Trading Symbol(s)</FONT></TD>
    <TD STYLE="width: 42%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 2.2pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Name of each exchange on which registered</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 2.2pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Common Stock, par value $0.001 per share</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 2.2pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">ISSC</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 2.2pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Nasdaq Stock Market LLC</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (&sect;&#8201;230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (&sect;&#8201;240.12b&#45;2 of this chapter).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Emerging growth company&#9;&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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.&#9;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 7.01&#9;&nbsp;&nbsp;&nbsp;Regulation FD Disclosure.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.75in">On December 10, 2020,
Innovative Solutions and Support, Inc. issued a press release announcing the declaration of a special cash dividend. A copy of
that press release is attached as Exhibit 99.1 to this report and incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.75in">The information in
this report (including Exhibit 99.1) is being furnished pursuant to Item&nbsp;7.01 and shall not be deemed to be &#8220;filed&#8221;
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the &#8220;<U>Exchange Act</U>&#8221;), or otherwise
subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities
Act of 1933, as amended, or the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 9.01&#9;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;Exhibits.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; width: 15%"><FONT STYLE="font-size: 10pt">Exhibit Number</FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center; width: 83%"><FONT STYLE="font-size: 10pt">Description</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><A HREF="tm2038256d1_ex99-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">99.1</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="tm2038256d1_ex99-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Press Release, dated December 10, 2020, announcing special cash dividend.</FONT></A></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">INNOVATIVE SOLUTIONS AND SUPPORT, INC.</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%">Date: December 10, 2020&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%">/s/ Relland M. Winand</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Relland M. Winand</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Chief Financial Officer</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>tm2038256d1_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="tm2038256d1_ex99-1img01.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Innovative
Solutions &amp; Support, Inc.</B></FONT></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Announces&nbsp;Special Cash Dividend</B></FONT></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">EXTON, Pa.--(<U>December 10,
2020</U>)--Innovative Solutions &amp; Support, Inc. (NASDAQ:&nbsp;<U>ISSC</U>) today announced that its Board of Directors has
declared a special cash dividend in the amount of $0.50 per share. The dividend will be payable on or about December 30, 2020
to shareholders of record as of the close of business on December 21, 2020.</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><U>About Innovative Solutions
&amp; Support, Inc.</U></B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Headquartered in Exton, Pa.,
Innovative Solutions &amp; Support, Inc. (<U>www.innovative-ss.com</U>) 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), AutoThrottle Systems and advanced GPS receivers for precision low carbon
footprint navigation.</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>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.</I></P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>tm2038256d1_ex99-1img01.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2038256d1_ex99-1img01.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  (! 0(! 0(" @(" @(" P4# P,#
M P8$! ,%!P8'!P<&!P<("0L)" @*" <'"@T*"@L,# P,!PD.#PT,#@L,# S_
MVP!# 0(" @,# P8# P8," <(# P,# P,# P,# P,# P,# P,# P,# P,# P,
M# P,# P,# P,# P,# P,# P,# P,# S_P  1" !& /L# 2(  A$! Q$!_\0
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M=@#G&*\=_P"#5C2+V+XP_$R\:QO$L7T:.-;EX&6%G\^([0Q&"< G@]J^LO\
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MX Z];Z:LC7LGV?RPGWCBYB)_0&OY8_VA)))OC)K[2Y+M=N3GKU-?UON@D7#
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MGC9TL)A8NUG=)R>O5J[MKY'7PMB%5P,*F*Q,D]59M16G176NG9GR(FA>'?\
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M;^NN]T=9XZ_;3\(>$/BM<>!K&W\0^+/%UA;&]OM+T'3FNYM/A^7#S$E44'<
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=HHH **** "BBB@ HHHH **** "BBB@ HHHH _]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
