Heico Corporation (HEI) is a rapidly-growing aerospace and electronics conglomerate, established in 1957 and headquartered in Hollywood, Florida, USA. With more than 5,000 employees, it is principally engaged in certain niche segments of the aviation, defense, space, and electronics industries, operating throughout most of the world.
Vertically integrated with multiple operating units, it is renowned for providing FAA-approved aircraft replacement parts and components, overhauls and upgrades. The corporation also manufactures high-reliability electronic equipment and components for various organizations including space, medical, telecommunications, and instrumentation sectors.
Heico Corporation strives to be the global leader in its various operations, seeking to acquire businesses that extend or complement existing operations. The corporation divides its business into two segments: The Flight Support Group and the Electronic Technologies Group.
The Flight Support Group designs, manufactures, repairs, and distributes jet engine and aircraft components replacement parts. These are used in a variety of commercial, regional, business and military aircraft. It offers an array of services aimed at improving fuel efficiency, reducing engine noise, and lowering operating and maintenance costs.
The Electronic Technologies Group specializes in designing and manufacturing electronic, microwave, and electro-optical products. The components designed are used in various space, airborne, and ground-based applications including satellites, defense systems, flight navigational and guidance systems.
Heico Corporation's impressive track record can be attributed to its commitment to quality, strong research and development, and customer-focused approach. Through organic growth and strategic acquisitions, Heico has carved out a unique position in the aerospace and electronics industries. Heico’s strong balance sheet and liquidity make it capable of investing in new business ventures while maintaining a steady flow of dividends for their shareholders and creating long-term value.
The company is committed to corporate responsibility and sustainability, ensuring that all its business practices are environmentally, socially, and economically sustainable. Furthermore, integrity, fairness, and respect define their relationship with stakeholders and their operations.
Heico Corporation (HEI) is listed on the New York Stock Exchange and has demonstrated strong financial performance with steady revenue and profit growth over the years, establishing itself as a prominent player in the aerospace and defense industry globally.