HEICO Corporation (NYSE: HEI) is an aerospace, defense, electronics and specialty industrial company headquartered in Hollywood, Florida. Founded in 1957, the company serves commercial aviation, defense, space, medical, telecommunications and other specialized markets.
HEICO operates through two primary business groups. Its Flight Support Group produces and distributes FAA-approved aircraft replacement parts, jet-engine components, specialized aircraft equipment and other products used by commercial and military aircraft operators. The group also provides maintenance, repair and overhaul services and related aviation support.
The Electronic Technologies Group develops and manufactures electronic equipment and components, including defense and space electronics, avionics, power supplies, cockpit instruments, missile components, radiation-hardened products, medical devices and other high-reliability systems. HEICO sells its products and services to customers worldwide, including airlines, aircraft manufacturers, defense contractors, government agencies, space companies and medical-equipment manufacturers.
The company remains controlled and led by the Mendelson family. Laurans A. Mendelson has served as HEICO’s chairman and chief executive officer, while Eric A. Mendelson has held senior executive leadership responsibilities within the company.
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