HEICO CORP

HEI.A (Heico Corporation, Class A) is a US-based supplier of aerospace, defence and electronic components, best known for niche aftermarket parts and specialised electronics. Investors should know Heico combines organic engineering margins with a serial-acquirer approach, buying small, complementary businesses to broaden its product range and aftermarket footprint. That strategy has historically delivered steady revenue growth and recurring aftermarket sales, helping the company to weather cycles in new aircraft production. Strengths include technical know‑how, a focus on high-margin spares and a conservative balance sheet; risks include exposure to airline industry cycles, integration risk from acquisitions and sensitivity to global defence and travel demand. HEI.A is one share class in a dual‑class capital structure — check voting rights and liquidity differences versus other share classes. This summary is educational only: values can rise and fall and past performance is not a guide to the future. Consider your own circumstances or seek independent advice before investing.