-
Huge questions loom over Prince Harry's shock return to UK
-
From beach to Bulls: relaxed Tsunoda savours rare F1 drive
-
BYDFi Joins Coinfest Asia 2026, Connecting with Institutions, Builders and Traders in Bali
-
Prince Harry: key dates in life of returning UK royal
-
Max Verstappen: Natural-born winner
-
North Korea launches missiles, Seoul says, after Trump floats Kim meet
-
Van Dijk urges Liverpool to make amends for 'unacceptable' season
-
Oil jumps on Iran war tensions, offsetting bond yield fears
-
All Blacks replace Tuipulotu with Holland for Springboks Test
-
Germany identifies far-right suspect in deadly 1970 antisemitic attack
-
Rain delays start of second day's play in England-Pakistan opener
-
PrimeXBT Expands Swap-Free Trading to PXTrader 2.0
-
Russian strikes kill 16 in Kyiv, surrounding region
-
Record number of locations in France top 40C over summer: AFP analysis
-
'It is tough': Indonesia battles wildfires, bracing for worse to come
-
Trump pledges 'economic warfare' on Iran, prompting Tehran derision
-
Seoul detects North Korean missile launches after Trump says to meet Kim
-
'Girl with a Pearl Earring' in Japan, perhaps for the last time
-
Thai, Myanmar military chiefs meet as post-coup thaw progresses
-
Russian strikes kill 13 in Kyiv, surrounding region
-
Asian stocks rally as US Treasury steps in to ease bond fears
-
'Simply lovely': Verstappen signs new Red Bull contract until 2030
-
Verstappen signs new Red Bull contract until 2030: team
-
Australia coach Walters heading to St Helens after World Cup
-
What property giant Evergrande's sentence means for China's economy
-
China jails founder, fines disgraced property giant Evergrande
-
Australian prosecutors demand life in prison for mushroom killer
-
Russian strikes kill 12 in Kyiv, surrounding region
-
Fallout far-reaching for Australian Rules after latest scandal
-
US India ambassador's Kashmir remarks rile Pakistan; envoy summoned
-
Rafts on Rome's Tiber River cool down overheated tourists
-
In Senegal's Saint-Louis, traces of slave-trading past fade away
-
Top seeds Sabalenka, Zverev stunned in Cincinnati fourth round
-
Russian strikes kill 9 in Kyiv, surrounding region
-
Australia says relations with Israel 'difficult' after aid worker death
-
Messi scores first goal since father's death in Miami draw
-
PSG start Ligue 1 defence with eye on Champions League hat-trick
-
Mercedes and Max: What to watch as F1 returns for Dutch GP
-
Arsenal can become world's best club: Arteta
-
'People, not robots': Ukraine's soldiers justify human role amid drone revolution
-
Japan's King Kazu, 59, scores twice from spot to make cup history
-
North Sea drilling tests UK govt climate pledge
-
Kyiv's desperate vendors persevere outside obliterated flea market
-
'Ray of hope': Gaza seed bank rebuilds after wartime destruction
-
Australia races to shield little penguins from H5N1 bird flu
-
Mourinho begins second Real Madrid reign with Barca in his sights
-
Messi scores first goal since father's death
-
'More confrontational': Iran's new hardline security leadership
-
US national debt exceeds $40 trillion for first time
-
UK summons Israeli envoy over West Bank settlement project
HEICO Corporation Completes Axillon Fuel Containment Acquisition
Business to be renamed Rockmart Fuel Containment
MIAMI, FL AND ROCKMART, GA / ACCESS Newswire / January 27, 2026 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Electronic Technologies Group completed its previously announced acquisition of Axillon Aerospace's Fuel Containment Business. Axillon Fuel Containment will be renamed Rockmart Fuel Containment, LLC ("Rockmart").
HEICO stated that it expects the acquisition to be accretive to its earnings within the year following the closing. The acquisition further expands HEICO's presence within the growing defense industry, as Rockmart's solutions assist the U.S. Department of War with its programs.
Terms and financial details were not disclosed. As previously reported, the sellers retained Axillon Aerospace's Engineered Composites business.
Headquartered in Rockmart, GA, Rockmart employs approximately 530 people in its nearly 600,000 square-foot facility. For over 80 years, Rockmart has been the standard for self-sealing and crashworthy fuel cell technology for the U.S. military, as well as aircraft and defense manufacturers.
Rockmart designs and manufactures military specification ("MIL-SPEC") fuel systems for US-built military aircraft, select commercial aircraft, and military ground vehicles. Its crashworthy and ballistically tolerant fuel cells are deployed on a broad range of aircraft and defense platforms, including, among many others, the F-16, F-15, F/A-18, CH-47 Chinook, KC 135, B-52, AH-64 Apache, V-22 Osprey and the Bradley Fighting Vehicle. The business also specializes in sealants used in aerospace and defense applications.
Eric A. Mendelson and Victor H. Mendelson, HEICO's Co-Chairmen and Co-Chief Executive Officers remarked, "We eagerly welcome the Rockmart team to the HEICO family. Rockmart's mission-critical, self-sealing and crashworthy technologies expand HEICO's mission-critical defense capabilities."
Tom Holst, Rockmart's General Manager, stated, "We are thrilled to join the HEICO family. HEICO's culture, commitment to customer service, and focus on quality align with how we serve our customers."
HEICO Corporation is engaged primarily in the design, production, servicing and distribution of products and services to certain niche segments of the aviation, defense, space, medical, telecommunications and electronics industries through its Hollywood, Florida-based Flight Support Group and its Miami, Florida-based Electronic Technologies Group. HEICO's customers include a majority of the world's airlines and overhaul shops, as well as numerous defense and space contractors and military agencies worldwide, in addition to medical, telecommunications and electronics equipment manufacturers. For more information about HEICO, please visit our website at https://www.heico.com.
Certain statements in this press release constitute forward-looking statements, which are subject to risks, uncertainties and contingencies. HEICO's actual results may differ materially from those expressed in or implied by those forward-looking statements. Factors that could cause such differences include, among others: the severity, magnitude and duration of public health threats; our liquidity and the amount and timing of cash generation; lower commercial air travel, airline fleet changes or airline purchasing decisions, which could cause lower demand for our goods and services; product specification costs and requirements, which could cause an increase in our costs to complete contracts; governmental and regulatory demands, export policies and restrictions, reductions in defense, space or homeland security spending by U.S. and/or foreign customers or competition from existing and new competitors, which could reduce our sales; our ability to introduce new products and services at profitable pricing levels, which could reduce our sales or sales growth; product development or manufacturing difficulties, which could increase our product development and manufacturing costs and delay sales; cybersecurity events or other disruptions of our information technology systems could adversely affect our business; and our ability to make acquisitions, including obtaining any applicable domestic and/or foreign governmental approvals, and achieve operating synergies from acquired businesses; customer credit risk; interest, foreign currency exchange and income tax rates; and economic conditions, including the effects of inflation, within and outside of the aviation, defense, space, medical, telecommunications and electronics industries, which could negatively impact our costs and revenues. Parties receiving this material are encouraged to review all of HEICO's filings with the Securities and Exchange Commission including, but not limited to filings on Form 10-K, Form 10-Q and Form 8-K. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.
Contact: Victor H. Mendelson (305) 374-1745 ext. 7590
Carlos L. Macau, Jr. (954) 987-4000 ext. 7570
SOURCE: HEICO Corporation
View the original press release on ACCESS Newswire
O.Ortiz--AT