Heico Corporation: Comprehensive Overview
Introduction
Did you know that the global aerospace market is projected to reach $1 trillion by 2025? Enter Heico Corporation, a pivotal force in this booming industry! With a legacy dating back to 1957, Heico specializes in FAA-approved aircraft replacement parts and cutting-edge aviation solutions. Catering to both commercial and military sectors, Heico seamlessly blends innovation with quality to ensure aircraft safety and efficiency. As you explore the depth of their services and offerings, you’ll discover why Heico is not just a participant but a leader in reshaping the future of aviation!
Heico Corporation: Comprehensive Overview
Introduction
Heico Corporation is a prominent player in the aerospace and aviation sectors, primarily known for its innovative manufacturing and services related to FAA-approved aircraft replacement parts and components. Since its inception, the company has positioned itself as a key player in aviation, catering to commercial and military customers globally!
Company Headquarters and Locations
Heico Corporation is headquartered in Hollywood, Florida, United States. The company has developed a vast network of operations and facilities across the United States and internationally. These facilities are strategically positioned to cater to the needs of its diverse clientele in the aviation sector, ensuring timely delivery and high-quality products and services.
History
Founded in 1957 by Victor M. S. G. Heico, the company started as a manufacturer of electronic components. Over the years, Heico expanded its operations through a combination of innovation and strategic acquisitions, paving its way into the aerospace market. Throughout the 1970s and 1980s, Heico focused on developing new product lines aimed at the aerospace industry, establishing itself as a premier supplier for the production of replacement parts for commercial aircraft!
In 1990, Heico went public on the American Stock Exchange (AMEX) and later transitioned to be listed on the New York Stock Exchange (NYSE), further solidifying its status in the market. The late 1990s and early 2000s marked significant growth for Heico as it acquired multiple firms specializing in aerospace components and services.
Main Products or Services
Heico operates primarily through two divisions: Heico Aerospace Holdings Corp. and Heico Electronic Technologies Corp.
- Aerospace Division: This division focuses on the design, manufacturing, and distribution of FAA-approved aircraft replacement parts, which are critical for commercial and military aviation. Key products include:
- Landing gear assemblies and components
- Engine components and parts
- Airframe parts and systems
- Electronic systems used in various aircraft
- Electronic Technologies Division: This division specializes in producing electronic and electro-mechanical products used in the aviation sector. The range includes:
- Power conversion systems
- Specialty electronic components used in military and commercial applications
- RF (radio frequency) and microwave devices
Heico’s innovations in the aerospace sector include advanced repair processes and tooling services that reduce downtime and enhance the performance of the aircraft!
Heico has also made strides into the growing drone and unmanned aerial vehicle (UAV) markets, expanding its focus to cater to the future of aerospace technology.
Other Services or Products
As part of its commitment to staying ahead of industry demands, Heico Corporation actively invests in research and development. This not only helps in maintaining quality assurance but also in creating new technologies that align with environmental goals! Aerospace Industries Association emphasizes the importance of innovation in this rapidly evolving sector.
Heico is now enhancing its capabilities to meet the rising demand for aircraft refurbishing and upgrading services, especially in light of the significant number of aging aircraft in service. By focusing on environmentally friendly components and systems, Heico is striving to align its offerings with industry sustainability goals.
Leadership and Management
As of the latest information available, the CEO of Heico Corporation is Laurence R. Heico, who has been pivotal in driving the company’s growth and innovation strategy. Under his leadership, Heico has consistently reported increasing revenues and profits while maintaining a robust focus on research and development. The executive team at Heico includes professionals with decades of experience in aviation and engineering, guaranteeing a comprehensive understanding of industry demands and technical requirements!
Conclusion
In summary, Heico Corporation embodies a resounding success story in the aerospace sector, characterized by a rich history, commitment to innovation, and a strong operational framework. With a broad portfolio of services and products that cater to both commercial and military aviation needs, Heico remains a significant player in the industry poised for continued growth. To learn more about Heico Corporation and its offerings, you can visit their official website at heico.com.
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Sunny
6 years agoWas a machinist in plant 1, switch from 1st over to second shift. The employees who had a 20-30 year stay in company treated me soo horribly, & disrespected me. Nevertheless I was one of the individuals who were trained & caught up really quickly with the job (Polish & Grind) They were so egotistic. All I ever did really was work, & stayed to my self, pop a few conversations here & there asked for help. Next thing you know, I get called up by unprofessional managment, who half the time put words into my mouth while I tried to explain the opposite of what my coworkers were saying, I heard stories. Despite having it known around that these specific employees were getting everyone in trouble with lies, I got fired because I made a remark earlier that I loved 2nd shift but, I wanted to go back to my old shift later in the future, there response was “You know you signed up for the first shift right?” Other than the harrassment & the lies I got thrown at over by the employees, which obviously was another reason why they wanted to get rid of me, it wasn’t mention as to why I got let go. Regarding this specific manager, I was warned & told by several other people In other departments from the same shift believe it or not, they can say this to you but at every workplace, there will always be favoritism, be realistic. I lost my job, & you’ll never meet a 20 year old like me who lost everything, i’m in debt, almost lost my car, almost went homeless .. all because someone wanted to kiss ass & put words into my mouth.
Anthony Gonzalez
a year agoA lot of management targeting and harassing yhe youth making us feel out of place , as well as the elders that work there have no respect they are very high on ego acting like they know more than you and are better than you , they will talk behind your back and a lot of drama over all , would not recommend to work there unless you like to stress everyday.
Ricardo Rivera
2 years agoA fast paced manufacturing company filled with highly skilled Technicians & Engineers who also happen to be some of the most friendly & helpful people I've ever had the honor of working with. I will miss them.
Mid-Tenn Transit, LLC
a year agoVery nice people in the shipping department. Easy to get to and directions were spot on!
Arthemese Creations
6 years agoUsed to work here, was a great experience, management kinda sucked. Hard to get in here like Lockheed, but overall good place