HEICO (HEI) Buys Capewell's Divisions to Strengthen Operation
HEICO (HEI) ZACKS·2024-08-24 01:51
HEICO Corporation (HEI) recently announced that its Flight Support Group has acquired the Aerial Delivery and Descent Devices divisions of Capewell Aerial Systems ("Capewell") for cash. Capewell is a leading provider of proprietary aircraft cockpit emergency egress and aerial delivery products for various commercial aerospace and defense uses. HEICO's Gain From Capewell Acquisition Capewell is a critical supplier to a wide-ranging customer base that includes leading OEMs, end-users and distributors. The com ...