HEICO Corporation operates in the Aircraft engines and engine parts sector. HEICO Corporation, through its subsidiaries manufatures Federal Aviation Administration (FAA) approved jet engine and aircraft component replacement parts, other than the original equipment manufacturers (OEMS) and their subcontractors. The Company manufactures various types of electronic equipment for the aviation, defense, space, medical, telecommunication and electronic industries. It consists of two segments: the Flight Support Group and the Electronic Technologies Group. The Flight Support Group (FSG), consisting of HEICO Aerospace Holdings Corp. and its subsidiaries, accounted for 67% of the net sales during the fiscal year ended October 31, 2010. The Electronic Technologies Group (ETG), consisting of HEICO Electronic Technologies Corp. and its subsidiaries, accounted for 33%, of the net sales during fiscal 2010. In October 2011, the Company acquired 3D Plus, S.A. In November 2011, its Electronic Technologies Group completed the acquisition of Switchcraft, Inc. In
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