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HEICO SUBSIDIARY ACQUIRES EXCLUSIVE LICENSE AND KEY RELATED ASSETS FOR SELECT HONEYWELL DISPLAY PRODUCT LINES

MIRAMAR, FL and HOLLYWOOD, FL – HEICO Corporation (NYSE: HEI.A and HEI) today announced its Sunshine Avionics subsidiary entered into an exclusive license and acquired key assets from Honeywell International (“Honeywell”) that will provide the capability to support the Boeing 737NG/777 Cockpit Displays and Legacy Displays product lines. The transaction was structured as an exclusive perpetual license and asset purchase. Sunshine Avionics is part of HEICO’s Flight Support Group. Transaction terms and financial details were not disclosed.

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