HEICO

1957

• HEICO formed as Heinicke Instruments to design and sell laboratory equipment

1960

• Company goes public
• Sales reach $743,000

1970

• Sales reach $2,380,000

1974

• Company merges with Jet Avion Corporation and makes entry into aviation markets

1980

• Sales reach $21,602,000

1986

• Company changes its name to HEICO Corporation

1990

• Both the Board of Directors and management are reconstituted.
• The company sells the laboratory products business
• Sales reach $26,239,000

1991

• Company enters the medical diagnostic market with the formation of its MediTek Health Corp. subsidiary

1993

• The Flight Support Group is formed

1996

• MediTek sold in a profitable transaction and the Company begins focus on Aerospace, Defense, and Electronics markets
• The Electronic Technologies Group is formed

1997

• Lufthansa Technik buys 20% of the Flight Support Group
• The Flight Support Group enters the Aircraft Accessory Component Repair & Overhaul business

1999

• HEICO Corporation’s shares are listed on the New York Stock Exchange

2000

• Company sells its successful Aircraft Ground Support Equipment maker, Trilectron Industries, Inc., in highly profitable transaction
• Sales reach $202,909,000

2001

• The Flight Support Group creates joint venture with American Airlines to develop aircraft parts

2002

• Company vastly increases its aircraft parts product development budget following major industry downturn in order to benefit on upturn
•  The Flight Support Group enters into Strategic Partnership with United Airlines

2003

• The Flight Support Group enters into Strategic Partnerships with Air Canada and Delta Air Lines

2004

• The Flight Support Group enters into a Strategic Partnership with Japan Airlines

2005

• Company enters the Homeland Security market

2006

• The Flight Support Group enters into Strategic Partnership with China Aviation Import and Export Group Corporation

2007

• HEICO Celebrates its 50th Birthday
• Sales surpass $500,000,000 for the first time

2009

• Eric Mendelson and Victor Mendelson named Co-Presidents of HEICO Corporation
• HEICO named Fast Track 50 in "Defense News"

2010

• HEICO named one of the “Best 100 Small Companies” by Forbes Magazine
• HEICO acquires Blue Aerospace, a distributor and supplier of critical airframe and other components for military aircraft

2011

• The Electronic Technologies Group acquired France-based 3D-Plus
• Sales increased to a record $764,891,000
• Laurans A. Mendelson was named Top 100 Power Leaders by the South Florida Business Journal

2012

• Laurans A. Mendelson was named Top 100 Power Leaders by the South Florida Business Journal

2013

• HEICO surpasses $1 billion in sales
• HEICO is named one of the Best Small Companies by Forbes Magazine for the seventh time

2014

• HEICO is named one of the World's Most Innovative Growth Companies by Forbes Magazine for the first time

2015

• HEICO is named one of the World's Most Innovative Growth Companies by Forbes Magazine for a second time
• HEICO completes 7 new acquisitions

2016

• HEICO raises and pays 77th consecutive cash dividend since 1979
• Voted Forbes Most Trustworthy Companies in America

2017

• HEICO celebrates its 60th Birthday
• HEICO Recognized as the Top 2016-2017 Supplier by ALTA's Airlines

2019

• HEICO completes 7 acquisitions in 12 months
• Market cap passed $12 Billion