-
England 'can beat any opponent' at World Cup, says Rice
-
'Boston Tea Party' compensation claim to be displayed at UK exhibit
-
Alvarez says 'best for everyone' if he leaves Atletico
-
France-Iraq World Cup game suspended due to severe weather alert
-
Romanian parliament rejects liberal PM-designate
-
Maduro ouster put Venezuela on 'the right path': interim leader
-
Missed penalty spurred 'very angry' Messi to World Cup history
-
Shooting in Montreal, Canada leaves three dead including suspect
-
Oil falls as US waives Iranian sanctions and Nasdaq tumbles
-
Balogun chases 'inevitable' Messi in wild Golden Boot race
-
Belgium's Doku becomes father after World Cup controversy
-
Magic Messi makes World Cup history to send Argentina into last 32
-
French TV presenter stood down over Doku World Cup comments
-
Ghana coach Queiroz says playing England 'easiest' World Cup game
-
Messi sets World Cup scoring record with 17th goal
-
Former Bayern stalwart Demichelis takes over at RB Leipzig
-
Colombian leftist candidate calls for calm after post-vote violence
-
Britons cautiously optimistic after PM's resignation
-
Latest developments in Europe's heatwave
-
Draper makes winning return at Eastbourne with Murray on his side
-
IMF director says Iran war fallout creating 'difficult moment' for Africa
-
Argentina fans defiant, 40 years on from Maradona's 'Hand of God'
-
Hormuz: Traffic flows despite Iran's closure announcement
-
Wikipedia won't let AI edit articles, cofounder says
-
Clive Davis: the starmaker who shaped modern music
-
Uncapped Coles named in England's T20 squad to face India
-
Qatar gas plant blast kills 13, injures dozens
-
Andy Burnham: 'King of the North' eyes Downing Street throne
-
Oil falls as US waives Iranian crude sanctions
-
Dangerous 'heat stress' has surged worldwide, study shows
-
England captain Itoje rested for Nations Championship
-
Interstellar comet likely far older than Solar System: astronomers
-
Antoine Semenyo, Ghana's man on the inside and England threat
-
Man Utd secure land for proposed new 100,000-capacity stadium
-
Two children found dead in car as France faces hottest day of heatwave
-
Two children die in France as heatwave blasts Europe
-
Stokes and Atkinson cleared by Cricket Regulator after nightclub incident
-
Ex-Wimbledon champion Vondrousova banned four years for refusing drugs test
-
Veteran Le Roy named new coach of Congo
-
Milan-Cortina chief Malago elected new head of Italian FA
-
Germany's Schlotterbeck out of World Cup with ankle injury
-
Any unfreezing of Iranian funds will not finance terrorism: Vance
-
Vance hails 'good foundation' for Iran deal after direct talks
-
Alan Greenspan: longtime Fed chief with a divided legacy
-
Leinster boss Cullen to step down at end of next season
-
'Has-been' Belgium stars scorched after Iran World Cup draw
-
Oil falls on US-Iran progress; pound holds up as Starmer resigns
-
Starmer resigns as UK PM, Burnham favourite to take over
-
France, Germany reach deal on arms maker KNDS, paving way for IPO
-
Latest developments on Europe's heatwave
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
L.Miller--AMWN