Sunshine Avionics receives Brazil repair station certification Sunshine Avionics LLC, a HEICO Aerospace subsidiary, is pleased to announce their recent ANAC repair station certification. ANAC, is the agency responsible for the regulation and the safety oversight of civil aviation in Brazil. This achievement will allow Sunshine Avionics to offer their advanced avionics repair services to the numerous airline and MRO customers in Brazil.
HEICO acquires Aerospace & Commercial Technologies, terms not disclosed HEICO announced it has acquired 80.1% of Aerospace & Commercial Technologies, or ACT, a provider of products and services necessary to maintain up-to-date F-16 fighter aircraft operational capabilities. ACT's leadership team will continue to own 19.9% of ACT. The purchase price and financial details were not disclosed. HEICO stated that it expects the acquisition to be accretive to its earnings within the first year following the acquisition.