Heico Expands A&D Portfolio With Acquisition of Capewell Aerial Systems Divisions

Heico (NYSE: HEI) has completed its cash acquisition of the aerial delivery and descent devices divisions of Capewell Aerial Systems, a provider of proprietary aircraft cockpit emergency egress and aerial delivery products for aerospace and defense applications. The company said Thursday Capewell’s hardware has been used on U.S. military parachutes since 1940s and now it

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