Heico (NYSE:HEI) is an aerospace, defense and electronics company that designs, manufactures, and sells a range of products and provides repair and aftermarket services. Headquartered in Hollywood, Florida, HEICO supplies replacement components, repair services and engineered systems for commercial and business aviation, military and space markets as well as for selected industrial and medical customers. The company’s offerings are focused on sustaining and improving the reliability and availability of complex equipment across its end markets.
HEICO operates through two principal business areas. Its Flight Support activities provide FAA-approved alternative replacement parts (including parts manufactured under Parts Manufacturer Approval), repair services and accessory components for jet engines, airframes and avionics, plus distribution and logistics support to airlines, maintenance organizations and original equipment manufacturers. The Electronic Technologies side develops and produces electronic, electro-optical and photonics-based components and assemblies, including power and protection products, sensors, microwave and RF subassemblies and specialty electronics used by defense primes, spacecraft builders and industrial equipment manufacturers.
The company emphasizes aftermarket and niche engineered-product strategies, serving customers worldwide and aiming to reduce lifecycle costs for complex systems through certified repairs, replacements and upgrades. HEICO has grown through a combination of internal product development and a history of targeted acquisitions that expand its technical capabilities and market reach. As a publicly traded company, it operates under stringent quality and regulatory standards typical of aerospace and defense suppliers and maintains global service and distribution channels to support its customer base.
