Heico Corporation Class A Common Stock

Heico Corporation Class A Common Stock represents an equity stake in a leading provider within the aerospace and defense sector. The company specializes in the design, manufacturing, and distribution of niche replacement parts for commercial aircraft as well as specialized components for defense equipment. Notably, Heico is the largest independent producer of replacement aircraft parts for the commercial aviation market, and it also supplies advanced electronic subcomponents and simulation equipment used in defense applications. The company operates through two primary divisions: the Flight Support Group, which serves commercial aviation needs, and the Electronic Technologies Group, focusing on sophisticated defense solutions. Heico Corporation Class A Common Stock is distinguished by its voting structure, offering limited voting rights—each share confers one-tenth of a vote compared to the full vote provided by the company’s ordinary common stock. This structure allows for broader capital participation while concentrating voting power. Heico is recognized for its strategy of steady acquisitions, targeting companies generating robust cash flow and operating in complementary markets. Given its focus and scale, the Class A Common Stock plays a significant role in the financial markets as a representation of growth and innovation in aerospace, supporting both commercial airline maintenance and national defense capabilities.