The transaction aligns with Innovative’s continued expansion and its focus on U.S.-based engineering and manufacturing within the aerospace and defence industrial base.

Under the asset purchase and licence agreement, IS&S will license the exclusive intellectual property rights to manufacture, upgrade and repair certain Honeywell inertial, communication and navigation products.

Pricing for a turn-key installation of the Helix flight deck system in the S-76C++ will be forthcoming pending completion of the integration and certification, which is expected later this year.