Company: HEI-A
Filing Date: 2025-05-29
Form Type: 10-Q
Source: 0000046619-25-000046
Chunk: 40

Company: HEICO CORP
Filing Date: 2025-05-29
Form: 10-Q
Item: Item 8
Chunk 40
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 many of the products offered by the FSG and ETG.  The Company will recognize net sales as these obligations are satisfied.  The Company expects to recognize $963.8 million of this amount during the remainder of fiscal 2025 and $1,060.9 million thereafter, of which more than half is expected to occur in fiscal 2026.Disaggregation of Revenue    The following table summarizes the Company’s net sales by product line for each operating segment (in thousands): Six months ended April 30,Three months ended April 30,2025202420252024Flight Support Group:Aftermarket replacement parts (1) $925,990 $798,879 $469,962 $403,725 Repair and overhaul parts and services (2)342,105 283,763 186,656 148,181 Specialty products (3)212,149 183,306 110,452 95,326 Total net sales1,480,244 1,265,948 767,070 647,232 Electronic Technologies Group:Electronic component parts primarily for defense, space and aerospace equipment (4)539,713 474,404 276,091 253,758 Electronic component parts for equipment in various other industries (5)132,769 130,860 66,076 65,564 Total net sales672,482 605,264 342,167 319,322 Intersegment sales(24,684)(19,454)(11,417)(11,159)Total consolidated net sales$2,128,042 $1,851,758 $1,097,820 $955,395 (1)    Includes various jet engine and aircraft component replacement parts.(2)    Includes primarily the sale of parts consumed in various repair and overhaul services on selected jet engine and aircraft components, avionics, instruments, composites and flight surfaces of commercial and military aircraft.

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(3) Includes primarily the sale of specialty components such as thermal insulation blankets, renewable/reusable insulation systems, advanced niche components, complex composite assemblies, expanded foil mesh as well as machining, brazing, fabricating and welding services generally to original equipment manufacturers, and emergency descent devices and personnel and cargo parachute products and missile hardware and components.(4)    Includes various component parts such as electro-optical infrared simulation and test equipment, electro-optical laser products, electro-optical, microwave and other