HEICO Corp - Company Profile
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Business Description
HEICO Corp (HEICO) is a manufacturer of jet engines and aircraft component replacement parts. The company is also a leading manufacturer of electronic equipment for the aviation, defense, space, medical, telecommunications, and electronics industries.
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
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R&D Overview
HEICO engages in the research and development, design, manufacture, and sale of FAA-approved replacement parts for domestic and foreign commercial air carriers and aircraft repair and overhaul companies. The company intends to develop proprietary techniques, including software and manufacturing expertise, to manufacture jet engine and aircraft component replacement parts. It primarily relies on trade secret protection instead of material patents. HEICO is committed to developing new products and services and further market penetration. The Electronic Technologies Group (ETG) focuses on designing and manufacturing highly engineered, mission-critical subcomponents for niche markets, while the Flight Support Group (FSG) engages in R&D to design and manufacture FAA-approved jet engine and aircraft component replacement parts. Overall, HEICO's R&D activities are integral to maintaining its competitive edge, enabling the company to introduce innovative products and services that meet the evolving needs of its diverse customer base. In FY2025, the company incurred expenses of US$120.9 million on R&D, which as a percentage of revenue, stood at 2.7%.
Business Segments
Overview
Designs, manufactures, and markets a wide range of electronic products, including electro-optical, data and microwave, and electronic products such as laser rangefinder receivers, infrared simulation and test equipment, underwater locator beacons, electrical power supplies, emergency locator transmission beacons, flight deck annunciators, panels, and indicators, radio frequency interference shielding and filters, cable assemblies, high voltage interconnection devices, flash lamp drivers, and arc lamp power supplies.
Performance
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Overview
Designs and manufactures jet engines and aircraft component replacement parts through its subsidiaries HEICO Aerospace Holdings Corp and HEICO Flight Support Corp. Also repairs, overhauls, and distributes jet engine and avionics and instruments for aerospace, defense, industrial, and commercial applications. Manufactures and markets speciality parts as a subcontractor for aerospace and industrial original equipment manufacturers (OMEs). Also Designs and manufactures thermal insulation blankets.
Performance
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Geographical Segments
Performance
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Performance
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