Heico acquired companies to expand its intelligence gathering equipment and composite products businesses. Both purchases were made for cash, and Heico expects both acquisitions to be accretive to its earnings within the first year after the closing. Heico purchased 80.1% of the shares of privately held Midwest Microwave Solutions, which makes communications and electronic intercept receivers and tuners. Expect operations of MMS—including its name and employees—to remain the ...

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