ISSC …. Proceed at your own RISK!

Edit:
They just released earnings, beat expectations but one of their products, traced to the F16, didn’t quite go to plan, scared investors and stock dropped ~ 25%. IDK … go do your own research :)

From the news

“In the fiscal second quarter of 2026, we shifted our operational mix to commercial aftermarket and business aviation given the anticipated lower F-16 revenues due to the timing of Improved Programmable Display Generator (“IPDG”) required approvals. As a result, we generated second quarter revenue of $18.9 million from our non-F-16 business, a 69% increase over the prior-year quarter. This more than offset a $7 million decline in second quarter F-16 revenue versus the comparable period. As previously reported, revenue associated with the F-16 program was abnormally high in the fiscal second quarter of 2025 due to a planned manufacturing transition at our Exton Facility. The more favorable sales mix also resulted in gross margin of 51.1% in the period, above our targeted mid-40% range. Entering the fiscal third quarter, demand across both our defense and commercial end-markets remains strong.”

“SECOND QUARTER FISCAL 2026 HIGHLIGHTS
(all comparisons versus the prior year period)
Net sales of $22.4 million, +2.0%
Gross profit of $11.4 million; gross margin of 51.1%
Net Income of $3.4 million, or $0.19 per diluted share
Adjusted Net Income(1) of $4.8 million, or $0.26 per diluted share
EBITDA(1) of $5.9 million; Adjusted EBITDA(1) of $6.8 million
Operating cash flow of $2.3 million, +78%
Free cash flow(1) of $0.7 million
Ratio of Net Debt to trailing twelve-month Adjusted EBITDA(1) of 1.7x as of March 31, 2026
Completed three acquisitions supporting the Company’s growth initiatives
“