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HEICO SUBSIDIARY ENTERS INTO AN EXCLUSIVE LICENSE AND ACQUIRES KEY RELATED ASSETS FOR EMERGENCY LOCATOR PRODUCT LINE

Asset Purchase and Exclusive License for Dukane Seacom subsidiary cements leadership position

Sarasota, FL and Hollywood, FL — HEICO Corporation (NYSE HEI and HEI.A) today announced that its Dukane Seacom subsidiary entered into an exclusive license and acquired key assets for the Aircraft Emergency Locator Transmitter (“ELT”) product line from Honeywell International (“Honeywell”). The transaction was structured as an exclusive perpetual license and asset purchase. Dukane Seacom is part of HEICO’s Electronic Technologies Group. Transaction terms and financial details were not disclosed.

HEICO CORPORATION REPORTS RECORD NET SALES AND STRONG OPERATING INCOME FOR THE FIRST QUARTER OF FISCAL 2023

1st Quarter of Fiscal 2023 Operating Income Increased 31% on a Net Sales Increase of 27%

HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net sales increased 27% to a record $620.9 million in the first quarter of fiscal 2023, up from $490.3 million in the first quarter of fiscal 2022. Operating income increased 31% to $129.4 million in the first quarter of fiscal 2023, up from $98.8 million in the first quarter of fiscal 2022. The Company’s consolidated operating margin improved to 20.8% in the first quarter of fiscal 2023, up from 20.2% in the first quarter of fiscal 2022.

HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL(Febraury2023)

Hollywood, FL and Miami, FL – On February 27, 2023 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the first quarter ended January 31, 2023. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.

HEICO CORPORATION COMPLETES PREVIOUSLY AGREED UPON ACQUISITION

HOLLYWOOD, FL AND PARIS, FRANCE — HEICO Corporation (NYSE: HEI.A and HEI) today stated that its Electronic Technologies Group completed its acquisition of Exxelia International. HEICO acquired approximately 94% of Exxelia’s outstanding shares, with the balance continuing to be held by certain Exxelia Team Members. 

HEICO CORPORATION REPORTS RECORD OPERATING INCOME AND NET SALES FOR THE FOURTH QUARTER AND FULL FISCAL YEAR

4th Quarter of Fiscal 2022 Operating Income Increased 27% on a Net Sales Increase of 20%; Full Fiscal Year 2022 Net Income, Operating Income and Net Sales Set All-Time Records

HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net sales increased 20% to a record $609.6 million in the fourth quarter of fiscal 2022, up from $509.4 million in the fourth quarter of fiscal 2021. Operating income increased 27% to a record $146.5 million in the fourth quarter of fiscal 2022, up from $115.0 million in the fourth quarter of fiscal 2021. The Company’s consolidated operating margin improved to 24.0% in the fourth quarter of fiscal 2022, up from 22.6% in the fourth quarter of fiscal 2021

HEICO CORPORATION INCREASES DIVIDEND BY 11%; SETS ANNUAL MEETING AND RECORD DATES

Increases semi-annual cash dividend to $.10 per share Sets March 17, 2023 annual meeting date

Hollywood, FL – HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Board of Directors declared a $0.10 per share cash dividend payable on all shares of its Class A Common Stock and its Common Stock.

HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL (December2022)

Hollywood, FL and Miami, FL – On December 19, 2022, after the NYSE closing, HEICO Corporation (NYSE: HEI) (NYSE: HEI.A) will release its financial results for the fourth quarter ended October 31, 2022. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.

HEICO ACQUIRES LEADING ELECTRONIC COMPONENT RADIATION TEST AND SOFTWARE COMPANY

3D PLUS subsidiary acquires TRAD

Labege, France and Miami, FL – HEICO Corporation today announced that its 3D PLUS subsidiary acquired TRAD SAS (“TRAD”) for all cash consideration paid at closing. 3D PLUS is part of HEICO’s Electronic Technologies Group. Further financial details were not disclosed.

HEICO CORPORATION ACQUIRES MAJORITY OF GROWING NICHE TECHNOLOGY COMPONENT MAKER

Partners with the owners and managers of Ironwood Electronics

Eagan, MN and Miami, FL – HEICO Corporation (NYSE: HEI.A and HEI.A) today announced that its Electronic Technologies Group acquired approximately 80% of the capital stock of technology component company Ironwood Electronics, Inc. (“Ironwood”) for cash paid at closing, plus additional cash consideration to be paid if Ironwood meets certain earnings targets. The balance of Ironwood’s shares will continue to be owned by Ironwood’s Chief Executive Officer, David Struyk, and other key managers. Further financial information was not disclosed.