Heico CEO: "In the 29 years that we have been running HEICO, I have never seen a business climate as positive and strong as this one. And I would say as a general comment, is across the board and continue very strong."
Yeah, a lot of their revenue seems uncorrelated with the economy at large (government contracting...)
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It's largely plane RPMs. As long as planes are flying, new parts are needed.
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Good point. Also btw when engineers are designing the parts which HEICO then produces, they often use the ANSYS software for their design work.
End of conversation
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