Lucix (HEICO) Acquires Flight Microwave Corporation

HEICO Corporation Acquires Majority Stake in Pioneer Industries

February 10, 2022

Aerospace & Defense

HEICO Corporation's Flight Support Group has agreed to acquire a 74% equity interest in Pioneer Industries, a Farmingdale, New York-based specialty distributor of military aviation, marine and ground spares, for cash at closing plus potential contingent consideration. Pioneer founders Robert and David Yormack will retain 26% and remain in their current roles; the transaction is subject to antitrust clearance and is expected to be accretive to HEICO's earnings within a year.

HEICO Corporation Acquires Majority of Camtronics LLC Operating Assets

June 24, 2021

Aerospace & Defense

HEICO Corporation’s Flight Support Group acquired 80.1% of the operating assets of Camtronics LLC for cash. The Tulsa-based FAA Part 145 repair station — which employs 36 people and performs proprietary FAA-DER repairs for commercial and cargo airlines — will continue operating in its current location with founder David Campbell remaining as VP and General Manager; the Campbell family retains ownership stakes.

HEICO Corporation Acquires Accurate Metal Machining, Inc.

July 19, 2022

Aerospace & Defense

HEICO Corporation’s Flight Support Group acquired a 96% stake in Accurate Metal Machining, Inc., a Cleveland-based manufacturer of high-reliability components for aerospace, defense and semiconductor equipment, for cash at closing plus potential additional performance-based consideration. Accurate, founded in 1976 and employing approximately 250 people, will continue to be led by its existing management and remain largely unchanged operationally while adding capabilities to HEICO's Specialty Products Group.

HEICO Acquires Gables Engineering

July 29, 2025

Aerospace & Defense

HEICO Corporation (through its Electronic Technologies Group) has acquired Gables Engineering, a Coral Gables, Florida-based designer and manufacturer of avionics controls, in a cash transaction. The deal—expected to be accretive to HEICO’s earnings within one year—expands HEICO’s avionics and flight-deck capabilities and supports continued R&D and American manufacturing investment.

HEICO Corporation Subsidiary Acquires Pyramid Semiconductor LLC

March 8, 2021

Manufacturing

HEICO Corporation’s Electronic Technologies Group acquired the business, assets and certain liabilities of Pyramid Semiconductor LLC from its founders for cash at closing. Pyramid, a Sunnyvale-based designer and manufacturer of processors, SRAM, EEPROM and logic products for military, space and medical platforms, will operate as part of HEICO’s 3D PLUS USA subsidiary and continue to be led by its existing founders and management team.

HEICO Corporation Acquires Sensor Systems, Inc.

August 11, 2022

Aerospace & Defense

HEICO Corporation's Electronic Technologies Group acquired all of the stock of Sensor Systems, Inc. in a transaction using cash and approximately 575,000 HEICO Class A common shares. Sensor, a Chatsworth, California-based designer and manufacturer of airborne antennas (approximately 200 employees), will continue operating under its current name and location; HEICO expects the acquisition to be accretive to earnings in the year following the acquisition.