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About Heico

Here's a HEICO haiku: HEICO companies/ Providing for jet engines/ In flight or on land. Its Flight Support Group, consisting of HEICO Aerospace and its subsidiaries, makes FAA-approved replacement parts for jet engines that can be substituted for original parts, including airfoils, bearings, and fuel pump gears. Flight Support also repairs, overhauls, – more... and distributes jet engine parts, as well as avionics and instruments for commercial air carriers. HEICO's second segment, Electronic Technologies Group, makes a variety of electronic equipment for the aerospace/defense, electronic, medical, and telecommunications industries. The company has facilities in the US, Canada, India, Singapore, and the UK.

HEICO's Flight Support Group competes with industry leading OEMs and to a lesser extent with smaller, independent parts distributors. Historically, the three main jet engine OEMs, General Electric, Pratt & Whitney, and Rolls Royce, have been the source of substantially all jet engine replacement parts for their own jet engines. HEICO is seeking to capture some of that market by adding new products at a rate of 400 manufacturer-approved parts (also called PMAs) per year.

The company is also using acquisitions to build out a diverse product and service portfolio in order to reduce exposure to cyclical swings in any single market. Its current set of offerings have broad-range applications in aircraft, missiles, ships, surveillance systems, computer and networking devices, telecom equipment, surgical equipment, CT scanners, and X-ray systems.

In 2011 HEICO acquired France-based 3D Plus, a leading designer and manufacturer of three-dimensional microelectronic and stacked memory products, which are used primarily in satellites. The acquisition expanded HEICO's presence in the space products business, as well as the medical sector. Earlier in the year HEICO's Flight Support Group enhanced its parts and repair operations and competitive position by acquiring an 80% interest in Blue Aerospace. Since 2002 Blue Aerospace has supplied military aircraft parts and support services for the C-130, P-3, and F-16 aircraft, largely to foreign military allies of the US. It also manages aircraft parts repair. The deal is expected to boost earnings within the year.

Later in the year HEICO, throught its Electronics Technologies group, acquired Chicago-based Switchcraft. Switchcraft, founded in 1946, is the manufacturer of electronic connectors for use in harsh environments as well as cables, jacks and plugs, patch panels and other products requiring high performance and reliability. The terms of the deal were not disclosed but adds a product line and customer base not presently served by HEICO.

Prior to this, the company bolstered its electronics product offerings in 2010 by acquiring dB Control, a manufacturer of traveling wave tube amplifiers and microwave power modules (primarily used by the military in radar and countermeasure applications), as well as high-voltage power supplies used in communications, medical, and industrial X-ray systems. The purchase is intended to help position HEICO to capture US Department of Defense demand for electronic warfare and other threat detection systems. – less

Heico Employer Reviews

Inventory Clerk/Temporary (Former Employee), Glastonbury, CTMay 5, 2014
Gyro Technician (Former Employee), Miami, FLDecember 19, 2013

Working at Heico

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