HEICO CORP

HEICO Corporation manufactures FAA-approved jet engine and aircraft component replacement parts and electronic equipment. The company believes it is the world's largest manufacturer of FAA-approved jet engine and aircraft component replacement parts, excluding original equipment manufacturers (OEMs) and their subcontractors. HEICO also believes it is a leading manufacturer of various electronic equipment for the aviation, defense, space, medical, telecommunications, and electronics industries. The company was originally organized in 1957. HEICO's business operates through two segments. The Flight Support Group (FSG) accounted for 70% of net sales in fiscal 2025, 68% in 2024, and 60% in 2023. The FSG designs and manufactures jet engine and aircraft component replacement parts using proprietary technology, which are approved by the FAA and are functionally equivalent to OEM parts. The FSG also repairs, overhauls, and distributes jet engine and aircraft components, avionics, and instruments for domestic and foreign commercial air carriers, aircraft repair companies, and military and business aircraft operators. Additionally, the FSG manufactures and sells specialty parts as a subcontractor for aerospace and industrial OEMs and the U.S. government. The FSG is also a leading supplier, distributor, and integrator of military aircraft parts and support services, primarily to the U.S. Department of Defense, defense prime contractors, and foreign military organizations allied with the U.S.