HEICO Corporation

HEICO Corporation is a leading aerospace, defense, and electronics company headquartered in Hollywood, Florida. The company designs, manufactures, and sells aerospace, defense, and electronic products and services through its two primary segments: Flight Support Group (FSG) and Electronic Technologies Group (ETG). HEICO specializes in FAA-approved aircraft replacement parts, aircraft accessories, and electronic equipment for both commercial and military applications.

Business Segments:

1. Flight Support Group (FSG):

   • Aircraft Component Repair & Overhaul: Services for jet engine and aircraft component parts.
   • Replacement Parts Manufacturing: FAA-approved aircraft replacement parts.
   • Distribution Services: Hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components.
   • Specialty Aircraft Parts Manufacturing: Thermal insulation blankets, renewable/reusable insulation systems, and specialty components.

2. Electronic Technologies Group (ETG):

   • Defense Electronics: Electro-optical infrared simulation and test equipment, laser products, and power electronics.
   • Space Electronics: High-reliability power supplies, electromagnetic and RF interference shielding, and suppression filters.
   • Medical Electronics: Specialized electronic components for medical applications.
   • Telecommunications Equipment: Power conversion and interface products, interconnection devices, and underwater locator beacons.

Notable Products and Capabilities:

• FAA-Approved Aircraft Replacement Parts: Cost-effective alternatives to original equipment manufacturers (OEMs).
• Specialized Electronic Components: For space, defense, and medical applications.
• Aircraft Component and Subsystem Repairs: Ensuring high quality and reliability standards.

HEICO Corporation was founded in 1957 as Heinicke Instruments Company. The company went public in 1960. In 1990, Laurans A. Mendelson and his family acquired a controlling interest in HEICO, marking a significant turning point in the company's history. Key milestones include the acquisition of Rogers-Dierks, Inc. in 1997, Quell Corporation in 2019, Pyramid Semiconductor in 2021, Carbon by Design in 2022, and Wencor Group in 2023.