HEICO Corporation (NYSE: HEI and HEI.A) is an innovative and technology-driven company established in 1957, specializing in aerospace, industrial, defense, and electronics sectors. The company has positioned itself as a leader in the industry by providing customers with high-quality, cost-effective solutions. HEICO’s extensive range of products and services are incorporated into large commercial, regional, business, and military aircraft, alongside applications like industrial turbines and electro-optical devices.
HEICO operates through two core segments: the Flight Support Group and the Electronic Technologies Group. The Flight Support Group establishes itself as a premier provider of aftermarket parts and repair solutions, serving prominent airlines globally. This segment focuses on the design and manufacturing of new components, proprietary repairs, distribution of parts, and specialized product manufacturing, offering essential solutions for various aviation clients, including the U.S. military. Moreover, it is recognized as the largest independent supplier of FAA-PMA approved engine and component parts, supporting the aviation industry's vast needs.
On the other hand, the Electronic Technologies Group excels in engineering high-reliability products, targeting the aerospace, defense, space, and electronics sectors. Their focus ranges from designing advanced electrical circuits and connectors to manufacturing state-of-the-art optical devices and subsystems.
Over the years, HEICO has continuously grown through innovation, strategic acquisitions, and collaborations with key industry players. The company’s commitment to quality has earned it numerous accolades, including recognition by Forbes as one of the Best Small Companies and the World’s Most Innovative Growth Companies. With a dedicated workforce known for their expertise and work ethic, HEICO remains poised for continued success in delivering advanced technology solutions to a range of critical markets.
