HEICO Corporation's (HEI) Wencor Group Acquires EthosEnergy Accessories and Components

HEICO Corporation (NYSE:HEI) is one of the Best Aerospace and Defense Stocks to Invest In Right Now. On February 5, HEICO Corporation (NYSE:HEI) announced that its subsidiary Wencor Group acquired EthosEnergy Accessories and Components.

​Management believes that this deal will enhance the company’s position in repairing engine parts for aviation and industrial uses within a year. EthosEnergy Accessories and Components was founded in 1979 and specializes in repairing engine accessories and components for aeroderivative gas turbines, aerospace, and defense markets. The strategic acquisition enhances Wencor Group’s expertise in the growing aeroderivative gas turbine sector, driven by rising global energy demand.

HEICO Corporation (NYSE:HEI) is expected to release its fiscal Q1 2026 earnings on February 25. Wall Street expects the company to post revenue around $1.17 billion, along with a GAAP EPS of $1.28.

​HEICO Corporation (NYSE:HEI) designs, manufactures, repairs, and distributes specialized products and services for niche segments in aviation, defense, space, medical, telecommunications, and electronics industries.

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Disclosure: None. This article is originally published at Insider Monkey.