Agrees to acquire Axillon Fuel Containment
Rockmart, GA and Miami, FL — HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Electronic Technologies Group has agreed to acquire Axillon Aerospace’s Fuel Containment Business (“Axillon Fuel Containment”) from affiliates of SK Capital Partners, LP (“SK Capital”) for cash payable at closing. Financial terms and details were not disclosed. SK Capital will continue to own Axillon Aerospace’s Engineered Composites business.
Miami, FL — HEICO Corporation (NYSE: HEI.A and HEI) today reported that Laurans A. Mendelson, the Company’s Executive Chairman of the Board, passed away on September 27, 2025 at age 87. He is survived by his wife of 63 years, Arlene Mendelson, two sons and daughters-in-law, six grandchildren and one great-grandchild.
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported an increase in net income of 30% to a record $177.3 million, or $1.26 per diluted share, in the third quarter of fiscal 2025, up from $136.6 million, or $.97 per diluted share, in the third quarter of fiscal 2024. Net income increased 34% to a record $502.1 million, or $3.57 per diluted share, in the first nine months of fiscal 2025, up from $374.4 million, or $2.67 per diluted share, in the first nine months of fiscal 2024.
Hollywood, FL and Miami, FL – On August 25, 2025 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the third quarter ended July 31, 2025. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
Coral Gables, FL and Miami, FL — HEICO Corporation (NYSE: HEI.A and HEI) today
announced that its Electronic Technologies Group has acquired Gables Engineering, Inc.
(“Gables Engineering”) for cash at closing. Further transaction terms and financial details were
not disclosed.
Hollywood, FL – HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Board of Directors declared a $.12 per share semiannual cash dividend payable on all shares of its Class A Common Stock and its Common Stock. The amount is 9% greater than the Company’s last cash dividend of $.11 per share paid earlier this year.
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported an increase in net income of 27% to $156.8 million, or $1.12 per diluted share, in the second quarter of fiscal 2025, up from $123.1 million, or $.88 per diluted share, in the second quarter of fiscal 2024. Net income increased 37% to a record $324.7 million, or $2.31 per diluted share, in the first six months of fiscal 2025, up from $237.8 million, or $1.70 per diluted share, in the first six months of fiscal 2024.
Hollywood, FL and Miami, FL – On May 27, 2025 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the second quarter ended April 30, 2025. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
Hollywood, FL, Eugene, OR and Derby, KS — HEICO Corporation today announced that its Mid Continent Controls, Inc. (“MC2”) subsidiary acquired all of the ownership interests of Rosen Aviation, LLC (“Rosen”) for cash consideration paid at closing. Further terms and financial details were not disclosed.
HEICO Corporation (NYSE: HEI and HEI.A) today announced that Laurans A. Mendelson, its Chairman and Chief Executive Officer, will become the Company’s Executive Chairman of the Board of Directors and that Eric A. Mendelson and Victor H. Mendelson will become the Company’s Co-Chief Executive Officers effective on May 1, 2025.
