HEICO Corporation acquired TTT-Cubed.

HEICO Corporation, which designs, manufactures, and sells aerospace products and services through its subsidiaries, acquired TTT-Cubed, the leading designer and manufacturer of cutting edge RF Sources, Detectors, and Controllers for a certain wide range of aerospace and defense applications. Financial terms were not disclosed. HEICO stated that it expects the acquisition to be accretive to its earnings in the year following the purchase. “TTT continues HEICO’s strategy of buying the best-in-class, niche electronic components companies which are known for having excellent talent serving a demanding customer base. We are highly impressed with the TTT team and the custom, application-specific, product offering they have developed. TTT built an outstanding reputation for innovation and customer satisfaction. We welcome TTT to the HEICO family.” Laurans A. Mendelson, HEICO’s Chairman, and Chief Executive Officer.