Company
HEICO Corporation
Headquarters: Hollywood, FL, United States
Founded: 1957 as Heinicke Instruments
Employees: 5,600
CEO: Mr. Laurans A. Mendelson
Market Cap
$18.49 Billion
USD as of April 1, 2022
Detailed Description
HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircraft. Its Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and RFI shielding and suppression filters; high-speed interface products; high voltage interconnection devices; high voltage advanced power electronics; power conversion products; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; three-dimensional microelectronic and stacked memory products; harsh environment connectivity products and custom molded cable assemblies; radio frequency and microwave amplifiers, transmitters, and receivers; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems; and nuclear radiation detectors. The company serves customers primarily in the aviation, defense, space, medical, telecommunications, and electronics industries. HEICO Corporation was incorporated in 1957 and is headquartered in Hollywood, Florida.
Wikipedia Introduction
HEICO Corporation is an aerospace and electronics company that focuses on niche markets. HEICO’s products are found in aircraft, spacecraft, defense equipment, medical equipment, and telecommunications systems. HEICO's Flight Support Group is the largest independent provider of FAA-approved aircraft replacement parts; a provider of aircraft accessories component repair and overhaul services for avionic, electro-mechanical, flight surface, hydraulic and pneumatic applications; commercial aviation and military aviation parts distribution; and a manufacturer of other aircraft parts. HEICO’s Electronic Technologies Group designs and manufactures niche electronic, electro-optical, microwave and other components found in aviation, broadcast, defense, homeland security, medical, space, telecom and other equipment. HEICO’s customers include airlines, overhaul shops, satellite manufacturers, commercial and defense equipment producers, medical equipment manufacturers, government agencies and telecommunications equipment suppliers.
Source: Wikipedia, retrieved on March 31, 2022, 8:59 p.m.
United States
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Key People
Founder(s): Dr. William Heinicke
Laurans A. Mendelson (Chairman, CEO) Eric A. Mendelson (Co-President) Victor H. Mendelson (Co-President)
Financials
Net income: US$327.9 million (2019)
Total assets: US$2.969 billion (2019)
Total equity: US$1.694 billion (2019)
Stocks & Indices
HEICO Corporation has the following listings and related stock indices.
Stock: NYSE: HEI
Stock: NYSE: HEI.A
Stock: Bovespa: H1EI34
Stock: FSX: HC1
Stock: FSX: HC1A