HEICO Corporation Acquires 80% of Sherwood Avionics for Defense Operations
HEICO Corporation has acquired 80% of Sherwood Avionics and Accessories, enhancing its defense maintenance capabilities. This strategic acquisition is projected to positively impact HEICO's earnings in the following year, marking a significant expansion in its Flight Support Group operations.
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On April 7, 2026, HEICO Corporation acquired 80% of Sherwood Avionics and Accessories, Inc., with the remaining shares held by Sherwood's management. The financial specifics of the transaction were not disclosed.
The acquisition aims to bolster HEICO's defense-focused maintenance, repair, and overhaul (MRO) services, leveraging Sherwood's established OEM relationships and government alignments. This move is anticipated to be accretive to HEICO's earnings in the year subsequent to the deal. The integration of Sherwood aligns with HEICO's decentralized operating model, enhancing its operational capacity in the defense sector.
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