
HEICO Distribution Group is owned by HEICO Corporation (NYSE: HEI and HEI.A), a publicly traded aerospace and electronics company headquartered in Hollywood, Florida. The Distribution Group operates within HEICO's Flight Support Group segment, which generated approximately $3.12 billion in fiscal year 2025. HEICO is controlled by the Mendelson family, who took over management in 1990 and hold approximately 17% of shares. Eric Mendelson serves as co-CEO and leads the Flight Support Group.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| HEICO Distribution Group | HEICO Corporation | Subsidiary |
HEICO's distribution business grew out of the Flight Support Group, which Eric Mendelson founded in 1993. At its inception, the FSG was effectively a single-product business operating from one location with approximately $20 million in annual sales. The group initially focused on designing and manufacturing FAA-approved replacement parts under the Parts Manufacturer Approval (PMA) process, offering lower-cost alternatives to OEM components.
The distribution component of the FSG expanded as HEICO recognized that airlines and MRO providers needed a broader supply channel for aftermarket parts. Rather than only selling HEICO-manufactured PMA parts, the Distribution Group began distributing non-HEICO-made parts from other manufacturers, creating a one-stop supply channel for commercial and military aircraft operators.
A major acceleration came in 2022 when HEICO acquired Wencor Group, a large aftermarket parts distributor and repair company. The Wencor acquisition significantly expanded the Distribution Group's product portfolio and customer base, adding established distribution relationships with airlines and MRO providers worldwide. Wencor's subsidiaries, including Wencor Group repair companies and defense sustainment operations, were integrated into the FSG structure.
Through fiscal 2025, the FSG completed 21 consecutive quarters of sequential net sales growth. FSG net sales reached $3.12 billion in fiscal 2025, up 18% from $2.64 billion in fiscal 2024. The Distribution Group contributed to this growth through expanded distribution agreements and the integration of acquired businesses.
HEICO completed five acquisitions in fiscal 2025, two by the Flight Support Group and three by the Electronic Technologies Group. The company has historically grown through a disciplined acquisition strategy, acquiring niche aerospace and electronics businesses that retain operational autonomy while contributing to the broader product portfolio.
The Distribution Group now operates through strategically located offices and stocking facilities across the Americas, Europe, the Middle East, Asia, and Australia. It serves global airlines, MRO providers, and defense systems operators with customized order fulfillment programs, on-site support, and long-term supply agreements.
What does HEICO Corporation own?
HEICO Corporation owns dozens of subsidiaries organized within two segments: the Flight Support Group and the Electronic Technologies Group. Major subsidiaries include HEICO Distribution Group, Wencor Group, HEICO Parts Group, HEICO Repair Group, HEICO Specialty Products Group, and 3D Plus. The company has grown through acquisitions, completing five in fiscal 2025 alone.
Is HEICO Corporation publicly traded?
Yes. HEICO Corporation trades on the New York Stock Exchange under two ticker symbols: HEI (common stock) and HEI.A (Class A common stock). The dual-class structure gives the Mendelson family greater voting control despite holding approximately 17% of total shares. The company is a component of the Russell 1000 index.
Who founded HEICO Corporation?
HEICO was originally founded in 1957 as Heinicke Instruments Company by William Heinicke, manufacturing laboratory equipment. The company entered aerospace in 1974 and was renamed HEICO Corporation in 1986. The Mendelson family, led by Laurans Mendelson, acquired control in 1990 and transformed the company into a global aerospace and electronics enterprise.
Where is HEICO Corporation based?
HEICO Corporation is headquartered at 3000 Taft Street, Hollywood, Florida, USA. The company operates across 21 U.S. states and 15 countries, with approximately 10,000 employees. Hollywood, Florida, located in the Miami metropolitan area, has been HEICO's base since the Mendelson family took over in 1990.
How much revenue does HEICO Corporation generate?
HEICO reported total net sales of $4.49 billion in fiscal year 2025, which ended October 31, 2025. This was an increase from $3.86 billion in fiscal 2024. The Flight Support Group contributed $3.12 billion (70% of total), and the Electronic Technologies Group contributed approximately $1.37 billion (30%). Net income was $690.4 million in fiscal 2025.
Who manages HEICO Corporation?
Eric A. Mendelson and Victor H. Mendelson serve as co-CEOs, co-Chairmen, and co-Presidents, effective May 1, 2025. Their father, Laurans A. Mendelson, moved to Executive Chairman after serving as CEO since 1990. Eric leads the Flight Support Group, and Victor leads the Electronic Technologies Group. The three Mendelsons operate as a team on major decisions.
What is HEICO's acquisition strategy?
HEICO follows a decentralized acquisition strategy, acquiring niche aerospace and electronics businesses that retain operational autonomy. The company targets companies with established products, customer relationships, and management teams. Acquired companies are integrated into either the FSG or ETG structure. HEICO has completed dozens of acquisitions over three decades, with five completed in fiscal 2025.
HEICO Corporation publishes environmental, social, and governance information in its annual reports and proxy statements. The company's sustainability efforts focus on product longevity, as aftermarket replacement parts extend the operational life of aircraft and reduce waste from premature component replacement.
HEICO does not publish a standalone sustainability report aligned with GRI or SASB standards. The company is not a certified B Corporation. Its ESG disclosures are integrated into SEC filings rather than presented in a separate sustainability document.
The Distribution Group's role in supplying FAA-approved PMA parts contributes to cost reduction in aircraft maintenance, which can lower operating costs for airlines and indirectly support fleet efficiency. However, HEICO has not set public carbon reduction targets specific to its distribution operations.
HEICO's PMA parts business has historically faced opposition from OEMs who argue that non-OEM replacement parts could compromise safety. This tension is structural in the aftermarket industry. HEICO's PMA parts are approved by the FAA through a rigorous qualification process, and the company has maintained a strong safety record over decades of operation.
In 2019, HEICO faced scrutiny related to its acquisition strategy and the integration of acquired businesses. Some industry analysts questioned whether the company's rapid acquisition pace could strain management capacity. HEICO has addressed these concerns by maintaining a decentralized structure where acquired companies retain operational autonomy.
HEICO was not directly involved in the global grounding of the Boeing 737 MAX, but the company's aftermarket parts business was indirectly affected by reduced 737 MAX flying hours during the grounding period from March 2019 to December 2020. The business recovered as the aircraft returned to service.
No specific product recalls or regulatory enforcement actions against the Distribution Group have been publicly reported as of August 2026.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Airbus | Denmark | 1957 | Mass market | Global | All Genders | |
| Wesco International | USA | 1953 | Mass market | Global | All Genders | |
| Standardaero | USA | 1911 | Mass market | Global | All Genders | |
| Signature Aviation | USA | 1879 | Mass market | Global | All Genders | |
| Boeing | USA | 1958 | Premium | Global | All-ages | |
| General Electric | USA | 1917 | Premium | Global | All-ages |
Aerospace DefenseOwned by Airbus SE
Global aircraft parts distributor and Airbus subsidiary based in Copenhagen, Denmark, supplying OEM parts and material management services to the civil aerospace aftermarket.
Aerospace DefenseOwned by Wesco Aircraft Holdings, Inc. (Incora)
Aerospace parts distribution and supply chain management brand, now operating as Incora after a 2020 merger with Pattonair under Platinum Equity.
Aerospace DefenseOwned by StandardAero Inc.
Independent provider of aerospace engine maintenance, repair, and overhaul services for commercial, military, and business aviation, based in Scottsdale, Arizona.
Aerospace DefenseOwned by Signature Aviation
Global aviation services brand operating fixed base operations and engine repair, now known as Signature Aviation after a 2019 rebrand and 2021 private equity takeover.
Aerospace DefenseOwned by Boeing
Leading manufacturer of commercial jetliners including the 737, 767, 777, and 787 families serving airlines worldwide.
Aerospace DefenseOwned by General Electric Company
Independent publicly traded aerospace company that became GE Aerospace on April 2, 2024, when General Electric completed its three-way breakup, retaining the jet engine and aerospace systems business as the standalone GE entity.
Market Positioning: HEICO Distribution Group competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Aerospace DefenseOwned by Wesco Aircraft Holdings, Inc. (Incora)
Aerospace parts distribution and supply chain management brand, now operating as Incora after a 2020 merger with Pattonair under Platinum Equity.
Wesco Aircraft (Incora) is privately owned, unlike HEICO Distribution Group which is under a publicly traded parent company.
Aerospace DefenseOwned by Signature Aviation
Global aviation services brand operating fixed base operations and engine repair, now known as Signature Aviation after a 2019 rebrand and 2021 private equity takeover.
BBA Aviation (Signature Aviation) is privately owned, unlike HEICO Distribution Group which is under a publicly traded parent company.
Aerospace DefenseOwned by StandardAero Inc.
Independent provider of aerospace engine maintenance, repair, and overhaul services for commercial, military, and business aviation, based in Scottsdale, Arizona.
StandardAero operates independently without a large parent corporation.
Aerospace DefenseOwned by Blue Origin
Reusable suborbital launch vehicle and space tourism system developed by Blue Origin, carrying passengers and research payloads past the Karman line.
New Shepard is privately owned, unlike HEICO Distribution Group which is under a publicly traded parent company.
Aerospace DefenseOwned by Parker-Hannifin Corporation
American motion and control technology company. Global leader in precision-engineered solutions for aerospace, industrial, and mobile markets. NYSE: PH.
Parker Hannifin operates independently without a large parent corporation.
Aerospace DefenseOwned by BrahMos Aerospace
Indian supersonic cruise missile system developed through a joint venture between India's DRDO and Russia's NPO Mashinostroyeniya, owned by BrahMos Aerospace.
BrahMos is owned by BrahMos Aerospace, a state owned company, a different structure than HEICO Distribution Group's parent.
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