HEICO Corporation: Growth in Defense Spending As A Vital Factor Driving Growth! 

HEICO Corporation’s recent financial results for the first quarter of fiscal year 2025 showcase several positive developments, with both of its primary operating segments, the Flight Support Group (FSG) and Electronic Technologies Group (ETG), achieving record results. The company reported a 26% increase in consolidated operating income and a 15% rise in net sales compared to the same period last year. This growth translated into a 46% increase in net income, reaching $168 million or $1.20 per diluted share, up from $114.7 million or $0.82 per diluted share in the prior year.