HEICO (US:HEI) — Company Overview, News & Financial Data
HEICO manufactures replacement parts and components for the aerospace, defense, and electronics industries.
HEICO
HEICO (NYSE:HEI) operates in the aerospace and electronics sectors, focusing on manufacturing replacement parts for aircraft and components for space, defense, and electronics industries. This unique diversification allows HEICO to serve various markets worldwide, including commercial aviation, defense, space, medical, telecommunications, and electronics. HEICO's projects often center around innovation and reliability, aiming to provide high-quality, cost-effective solutions that meet stringent industry standards. The company's objectives include continual growth through strategic acquisitions, expanding its product lines, and investing in research and development to stay at the forefront of technological advancements. This strategy ensures HEICO remains a vital partner to its customers while seeking to enhance shareholder value.
Snapshot
Operations
Products and/or services of HEICO
- Flight Support Group - Provides FAA-approved aircraft replacement parts and repair services for commercial, regional, and military aircraft.
- Electronic Technologies Group - Designs and manufactures mission-critical electronic, microwave, and electro-optical components for defense, space, medical, and telecommunication sectors.
- 3DPlus - Specializes in high-density three-dimensional microelectronic products and radiation-hardened components for space, avionics, and defense applications.
- AeroAntenna Technology - Focuses on developing and manufacturing high-performance active and passive antennas for the defense, aviation, and satellite communications markets.
- Radiant Power Corp - Offers power distribution and emergency power solutions tailored for the aerospace industry to enhance safety and efficiency.
- Lucix - Produces space, military, and commercial-grade satellite components, including amplifiers and frequency converters, emphasizing high-reliability and customized solutions.
HEICO executive team
- Mr. Eric A. MendelsonCo-CEO, Co-President & Co-Chairman
- Mr. Victor H. MendelsonCo-CEO, Co-President & Co-Chairman
- Mr. Carlos L. Macau Jr.Executive VP, CFO & Treasurer
- Mr. Bradley K. RowenChief Accounting Officer & Assistant Treasurer
- Mr. Joseph W. PallotGeneral Counsel
- Mr. Thomas S. IrwinSenior Executive Vice President
- Ms. Elizabeth R. LetendreCorporate Secretary