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Heico Corp., a manufacturer of aircraft parts, has entered into an agreement with United Airlines - Big Deals

South Florida CEO, July, 2002

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* Hollywood-based Heico Corp., a manufacturer of aircraft parts, has entered into an agreement with United Airlines to develop new replacement parts and accelerate repair services for aircraft. Financial terms of the deal were not disclosed, but it is expected to generate between $100 million and $150 million for Heico over the next seven years. The agreement marks the third such partnership with a major airline. Lufthansa and American Airlines are also partners with Heico, which is traded on the New York Stock Exchange under the ticker symbol HEI.

COPYRIGHT 2002 Americas Publishing Group
COPYRIGHT 2003 Gale Group

 

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