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Heico Corporation
Aerospace & Defense

Heico Corporation Company Overview

Heico Corporation logo

Heico Corporation

● Active
Aerospace & Defense · Hollywood, FL · Est. 1957
aerospacedefenseMROPMA partsFAAaftermarketaviationelectronic systems↗ Website
$25B
Valuation
$3.8B
Revenue
10k+
Employees
1957
Founded

Heico Corporation is a leading aerospace, defense, and electronic technologies company focused on FAA-approved replacement parts and repair services for commercial and military aircraft. Through its Flight Support Group and Electronic Technologies Group, Heico provides cost-competitive proprietary parts that are FAA-PMA approved, offering airlines significant savings versus OEM pricing.

Recent Press
5 items
Financial·2025-12-09
Heico Reports Record $3.8B Revenue with 22% Organic Growth
Heico Corporation reported record fiscal 2025 revenues of $3.8 billion, with 22% organic growth driven by strong demand for PMA parts and repair services as airlines accelerate fleet maintenance spending following post-pandemic fleet expansions.
Acquisition·2025-09-16
Heico Acquires Wencor Group for $1.9B, Expanding PMA Portfolio
Heico completed the acquisition of Wencor Group, one of the largest independent aviation aftermarket distributors and PMA parts producers, significantly expanding its product catalog and distribution capabilities for commercial airline customers.
Contract·2025-07-28
Heico Signs Multi-Year PMA Supply Agreement with Delta Air Lines
Heico signed a multi-year preferred supplier agreement with Delta Air Lines covering a broad catalog of PMA replacement parts, estimated to save Delta over $30 million annually versus OEM pricing across its narrowbody and widebody fleet.
Defense·2025-06-05
Heico Electronic Technologies Wins $120M Military Avionics Repair Contract
Heico Electronic Technologies Group was awarded a $120 million contract to provide repair and overhaul services for legacy military avionics systems across multiple US Air Force and Navy aircraft platforms, leveraging its reverse-engineering expertise.
Milestone·2025-05-12
Heico PMA Parts Catalog Surpasses 10,000 Approved Parts
Heico announced its FAA-PMA approved parts catalog has surpassed 10,000 individual part numbers, making it one of the largest PMA catalogs in the aviation aftermarket and covering virtually every major commercial aircraft type in service.
Company History
10 milestones
Heico Corporation founded in Hollywood, Florida, initially as an aviation electronics and industrial products company, laying the foundation for its eventual focus on FAA-approved aftermarket aerospace parts.

Heico Corporation Organization Structure & Team

Org Chart
10,000 employees · Click a leader to explore their team
8,300 across 10 departments
Chief Executive Officer
Laurans Mendelson
Eric Mendelson — Departments
· 8300 people across 10 depts

Heico Corporation Financials, Revenue & Market Share

Annual Revenue
$3.8B
+22% vs prior year
YoY Growth
+22%
From $2.3B to $3.8B
Revenue / Employee
$380K
Annual revenue per full-time employee
Revenue Growth
2021
2022
2023
2024
2025
$2.3B
$2.7B
$3.2B
$3.1B
$3.8B
Market Share
FAA-PMA Approved Aerospace Aftermarket Parts
38%
share
Heico Corporation
38%
TransDigm Group
35%
Parker Hannifin
12%
Moog Inc.
8%
Others
7%
$80B
TAM
$22B
SAM
$3.8B
SOM
Revenue Streams
PMA Parts Sales50%
Repair & Overhaul Services30%
Defense Electronic Systems20%
Business Units
Flight Support Group58%
FAA-PMA parts distribution and aircraft component repair and overhaul serving commercial and regional airlines.
Electronic Technologies Group42%
Defense and commercial electronic components, connectors, and subsystems for aerospace and industrial applications.

Heico Corporation Internal Tools & Processes

Internal Tools
10 departments
PMA Engineering & Certification900 people · 3 roles
Standards & Certifications
10 standards
Compliance frameworks, security audits, and quality certifications this company maintains.
Parts Manufacturer Approval
FAA-PMA
Active
FAA Parts Manufacturer Approval — the core regulatory credential governing Heico production of approved replacement parts for certified aircraft, ensuring airworthiness equivalence to OEM parts.
FAA Production Approval
FAR Part 21
Active
FAA regulations governing Production Approval Holders, ensuring all Heico manufacturing facilities produce conforming airworthy parts for certified aircraft.
Repair Station Certification
FAR Part 145
Active
FAA certification for repair stations enabling Heico service locations to perform maintenance, repair, and overhaul on certified aircraft components.
European Production Approval
EASA Part 21G
Active
EASA production organization approval required for supplying certified PMA parts to European commercial aircraft operators and MRO providers.
Quality Management
AS9100D
Active
Aerospace quality management system standard governing design, development, and production across all Heico Flight Support and Electronic Technologies operating units.
Special Process Certification
NADCAP
Active
National Aerospace and Defense Contractors Accreditation Program for special processes including NDT, welding, chemical processing, and heat treatment at Heico facilities.
Electromagnetic Compatibility
MIL-STD-461G
Active
Military EMC requirements standard for defense electronic products designed and repaired by Heico Electronic Technologies Group.
Export Control
ITAR
Active
International Traffic in Arms Regulations governing export of defense-related components and services provided by Heico Electronic Technologies Group.
Environmental Testing
DO-160G
Active
RTCA DO-160G standard for environmental conditions and test procedures for airborne equipment, required for Heico avionics and electronics product qualification.
Quality Management
ISO 9001
Active
International quality management system standard applied at Heico non-aerospace operating units to maintain consistent quality processes across all business segments.

Heico Corporation Interview Preparation

Interview Prep
Role-specific interview questions and keywords. Select a department, then click any role to prepare.
PMA Engineering & Certification· 3 roles

Heico Corporation Products & Competitors

Product Suite
5 products · select one to explore
Aerospace & Defense
PMA Parts
FAA-PMA Replacement Parts
FAA-Approved Aftermarket Parts at Significant Savings

Heico Flight Support Group produces FAA Parts Manufacturer Approval (PMA) replacement parts for commercial and regional aircraft. These parts are FAA-approved alternatives to OEM parts, typically priced 30-50% below original equipment prices while meeting identical airworthiness standards.

Use Cases
A regional airline using Heico FAA-PMA replacement parts to replace worn brake assemblies on its Airbus A320 fleet during heavy maintenance checks, achieving a 35% cost saving versus Boeing or Airbus catalog prices while maintaining airworthinessAn MRO facility sourcing Heico PMA parts for engine accessories on CFM56 powerplants, reducing the parts cost component of engine shop visit invoices and passing savings on to airline customers competing on narrow operating marginsA cargo carrier establishing a Heico PMA parts program for its Boeing 737 fleet, working with its CAMO to approve a preferred-vendor list that substitutes Heico components in routine scheduled maintenance tasks where PMA coverage is availableAn aircraft lessor specifying Heico PMA-approved components as acceptable alternates in its maintenance reserve agreements, allowing lessees to use cost-effective approved parts while the lessor retains confidence in continued airworthiness
No image
Key Customers
AAL
American Airlines
DAL
Delta Air Lines
UAL
United Airlines
SWA
Southwest Airlines
RYR
Ryanair
Competitive Intelligence
VSOEM spare parts (Boeing, Airbus)
THEM

Original equipment manufacturer spare parts sold directly by aircraft manufacturers at premium prices through their authorized parts distribution networks

EDGE

HEICO PMA parts cost 30-50% less than OEM pricing with FAA-certified equivalence, directly reducing airline MRO spend

VSB/E Aerospace (Collins)
THEM

Collins Aerospace's cabin interiors and component division, now part of Raytheon Technologies, supplying OEM replacement parts bundled with service agreements

EDGE

Independent PMA approvals free airlines from Collins Aerospace's bundled parts-and-service contracts that restrict cost savings

VSAviall (Boeing Distribution)
THEM

Boeing's aviation parts distribution subsidiary, acting as a broad-line distributor for OEM parts from multiple aerospace manufacturers

EDGE

Direct manufacturer relationships for PMA parts eliminate the distribution markup that Aviall charges as a middleman

VSSatair (Airbus)
THEM

Airbus's parts distribution subsidiary exclusively serving the Airbus fleet with OEM-approved spare parts and material management services

EDGE

OEM-neutral parts catalog enables airlines with mixed fleets to consolidate PMA sourcing vs. Satair's Airbus-fleet-only coverage

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