Heico Corp., founded in 1949, is a leading provider of aerospace and electronics products and services. The company operates through two segments: Flight Support Group (FSG) and Electronic Technologies Group (ETG). Heico Corp. designs, manufactures, and distributes a wide range of products and components used in various aerospace and defense applications.
The Flight Support Group focuses on providing parts, services, and repairs for aircraft and engine components. This includes supplying replacement parts, avionics, and electrical systems for commercial and military aircraft. The group also offers repair and overhaul services, as well as specialized equipment and services for aircraft testing and maintenance.
The Electronic Technologies Group specializes in the design, development, and manufacture of electronic products and systems. These products are used in aerospace, defense, medical, and telecommunications applications. The group produces a wide range of electronic components, including amplifiers, power supplies, microwave and RF components, and subsystems for communication and navigation systems.
Heico Corp. went public in 1993, listing its shares on the New York Stock Exchange under the ticker symbol "HEI" and "HEI.A." The decision to go public allowed the company to raise capital for expansion, acquisitions, and research and development efforts. Since then, Heico Corp. has experienced steady growth and has expanded its product portfolio and market presence through strategic acquisitions.
The company's success can be attributed to its commitment to quality, innovation, and customer satisfaction. Heico Corp. has a strong reputation for delivering reliable products and services that meet the stringent requirements of the aerospace and defense industries. Its focus on technological advancements and continuous improvement has positioned the company as a trusted partner for its customers.