HEI

HEICO Corporation designs, manufactures, and sells aerospace, defense, and electronics products through two principal segments: the Flight Support Group and the Electronic Technologies Group. Headquartered in Hollywood, Florida, the company was founded in 1957 and employs approximately 6,500 people globally. The Flight Support Group produces FAA-approved jet engine and aircraft component replacement parts, specialty parts, and repair services for commercial, regional, and military aircraft. The Electronic Technologies Group manufactures various electronic, microwave, and electro-optical products for aerospace, defense, medical, telecommunications, and electronics industries. HEICO serves as a leading manufacturer of FAA-approved aftermarket jet engine and aircraft component replacement parts, competing with original equipment manufacturers by offering cost-effective alternatives that save customers up to 50% compared to OEM parts. The company operates more than 80 facilities across the United States and internationally. HEICO pursues a disciplined acquisition strategy, having completed over 90 acquisitions since 1990, focusing on niche manufacturing and distribution businesses with strong management teams and proprietary products. The company maintains significant positions in both commercial and military aviation markets, with its parts installed on most commercial aircraft in service worldwide. HEICO's decentralized operational structure allows subsidiary companies to maintain entrepreneurial cultures while benefiting from the parent company's financial resources and strategic guidance.