HEICO Corporation (NYSE:HEI)(NYSE:HEI) today announced that its Flight Support Group has acquired Cook Defence Systems and related entities ("Cook Defence" or the "Company") to form HEICO-Cook Defence ("HCD"). HEICO owns 80% of HCD, with the selling entity, William Cook Holdings, retaining 20% ownership. Managing Director William Cook will continue to lead the Company's operations along with the existing management team. Transaction terms and financial details were not disclosed.

HEICO stated that it expects the acquisitions to be accretive to its earnings within the year following closing.