Shahram Askarpour

President & Chief Executive Officer, Innovative Solutions and Support, Inc.

Search every verified Shahram Askarpour interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Shahram Askarpour, President and Chief Executive Officer of Innovative Solutions & Support (IS&S), discussed the company’s second-quarter 2025 financial results and operations during a May 2025 earnings call. He reported that Q2 revenue reached $21.9 million, a 100% increase year-over-year, with net income of $5.3 million and EBITDA of $7.6 million. Askarpour attributed growth to military sales, particularly the F-16 program, and said the company’s backlog stood at $80 million. He noted that the integration of Honeywell’s acquisition was on track, and that the company’s expanded Exton facility, expected to be completed in mid-2025, could support revenue of approximately $250 million. He also stated that the company’s 30% growth guidance for fiscal 2025 was based on current business and did not yet include the new facility’s capacity. In earlier remarks from November 2023, Askarpour described IS&S’s strategy of generating organic growth through internally funded research and development, while using excess cash for product acquisitions. He emphasized the company’s preference for maintaining U.S.-based manufacturing, saying that outsourcing to cheaper locations can shift problems outside a company’s control and ultimately hurt customers. He also highlighted the company’s financial position at that time, including over $17 million in cash, no debt, and a facility operating at 30% utilization. Askarpour has been with IS&S since 2003, serving as Vice President of Engineering before becoming President in 2012, and has over 40 years of aerospace industry experience.