Heico (NYSE:HEI.A) is an aerospace, defense, electronics and medical technology company headquartered in Hollywood, Florida. Founded in 1957, the company develops, manufactures and sells products and services used by commercial and business aircraft operators, defense contractors, space and satellite companies, medical equipment manufacturers, telecommunications providers and other industrial customers.
HEICO operates through two principal business groups. Its Flight Support Group produces aircraft replacement parts and related components, including FAA-approved parts, as well as specialty products and services for the aviation industry. The Electronic Technologies Group develops and manufactures advanced electronic equipment and components, including power and control systems, communications products, high-reliability electronic components, simulation and training systems, and other technologies used in defense, space, aerospace and medical applications.
The company serves customers in the United States and internationally through a portfolio of businesses that includes both internally developed products and acquired operations. HEICO is known for pursuing a diversified acquisition strategy, retaining the management teams and specialized capabilities of acquired companies while expanding its range of niche technology and aerospace offerings.
HEICO is led by Co-Chief Executive Officers Eric A. Mendelson and Victor H. Mendelson, who also serve as members of the company’s leadership team and have been associated with its long-term expansion.
