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StocksMedium•7 April 2026•

1 min read

HEICO Acquires 80% Stake in Sherwood Avionics to Expand Defense Portfolio

Key Facts

1HEICO's Flight Support Group acquired 80% of the stock of Sherwood Avionics and Accessories, Inc.

2The remaining 20% of Sherwood's ownership will continue to be held by its management team.

HEICO Corporation announced that its Flight Support Group has successfully acquired an 80% majority stake in Sherwood Avionics and Accessories, Inc. Based in Florida, Sherwood specializes in defense Auxiliary Power Units (APU) and the overhaul of critical aerospace components. Under the terms of the agreement, Sherwood's existing management team will retain the remaining 20% ownership interest in the company. This strategic move is expected to bolster HEICO's capabilities within the defense aerospace aftermarket and component repair sectors. The acquisition aligns with HEICO's long-standing growth strategy of expanding its specialized service offerings through targeted acquisitions. Investors typically view such expansions as positive drivers for incremental revenue growth and market share consolidation.