HEICO Corporation (HEI-A) NYSE

Currency In USD

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HEICO Corporation

Address

3000 Taft Street

Hollywood, FL 33021

United States of America (the)

Phone

954 987 4000

Sector

Industrials

Industry

Aerospace & Defense

Employees

11100

First IPO Date

April 27, 1998

Key Executives

NameTitlePayYear Born
Victor H. MendelsonCo-CEO, Co-President & Co-Chairman5.51M1967
Eric A. MendelsonCo-CEO, Co-President & Co-Chairman5.51M1965
Joseph W. PallotGeneral Counsel104,0501960
Bradley K. RowenChief Accounting Officer & Assistant Treasurer1.09M1983
Carlos L. Macau Jr.Executive Vice President, Chief Financial Officer & Treasurer3.71M1967
Elizabeth R. LetendreCorporate Secretary0N/A
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Description

HEICO Corporation operates as a diversified enterprise, involved in the design, manufacturing, and global distribution of specialized products and services primarily for the aerospace, defense, and electronics sectors. Its activities span both domestic and international markets. The company's Flight Support Group division delivers a range of essential components and services. This encompasses producing replacement parts for jet engines and aircraft, as well as fabricating thermal insulation blankets, advanced renewable insulation systems, and various specialty components. The segment also functions as a distributor for critical hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical parts, serving commercial, regional, and general aviation clients. A significant aspect of its operations involves extensive repair and overhaul services for jet engine and aircraft components, avionics, instruments, composites, and flight surfaces on commercial aircraft, alongside maintaining avionics, navigation systems, and other vital instruments utilized in military aircraft. Within its Electronic Technologies Group segment, HEICO develops and supplies advanced technological products. This broad portfolio features electro-optical infrared simulation and testing equipment, electro-optical laser products, and diverse power equipment, including microwave solutions. The segment additionally produces electromagnetic and radio frequency interference (RFI) shielding and suppression filters, high-speed interface products, high voltage interconnection devices, sophisticated advanced power electronics, and power conversion units. Essential safety devices such as underwater and emergency locator transmission beacons are also manufactured. Further specialized electronic offerings include traveling wave tube amplifiers, microwave power modules, three-dimensional microelectronic and stacked memory products, robust connectivity solutions designed for harsh environments, and custom molded cable assemblies. Completing its specialized array are radio frequency and microwave amplifiers, transmitters, and receivers; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems; and nuclear radiation detectors. HEICO's varied client base predominantly includes entities within the aviation, defense, space, medical, telecommunications, and broader electronics industries. The corporation, founded in 1957, is headquartered in Hollywood, Florida.

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