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HEICO Subsidiary Acquires Exclusive License and Key Related Assets for Honeywell's Boeing 777 AIMS & 737NG via Product Lines

1. HEICO's Sunshine Avionics acquires key assets from Honeywell for Boeing avionics. 2. The exclusive license strengthens HEI's market position in the aviation sector.

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FAQ

Why Bullish?

The acquisition enhances HEI's product offerings, similar to past growth from strategic deals.

How important is it?

The deal directly expands HEI's asset base and competitive edge in avionics.

Why Long Term?

This move positions HEI to benefit from sustained revenue in aviation over time.

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BAHON
MIRAMAR, FL and HOLLYWOOD, FL / ACCESS Newswire / January 28, 2025 / HEICO Corporation (NYSE:HEI.A, HEI) today announced its Sunshine Avionics subsidiary entered into an exclusive license agreement and acquired key assets for the Boeing 777 AIMS (Airplane Information Management System) and Boeing 737NG/P-8/E-7 VIA (Versatile Integrated Avionics) product lines from Honeywell. The transaction was structured as an exclusive perpetual license and asset purchase.

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