Item 2.02. Results of Operations and Financial Condition.

On April 15, 2020, HEICO Corporation (the "Company") issued a press release announcing the withdrawal of its 2020 financial guidance due to the COVID-19 crisis (the "Crisis"). The Company also announced certain other actions the Company has taken and intends to take in response to the economic uncertainty resulting from the Crisis. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 5.02. Departure of Directors or Certain Officers; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.



On April 15, 2020, the Company announced certain cost reduction efforts in light
of the Crisis and the related impact on its business. As such, the following
executive officers have reduced their salary by 20%, on a temporary basis during
the Crisis.

Name                   Position

Laurans A. Mendelson   Chairman of the Board; Chief Executive Officer; and
                       Director

Eric. A. Mendelson     Co-President and Director; President and Chief Executive
                       Officer of the HEICO Flight Support Group

Victor H. Mendelson    Co-President and Director; President and Chief Executive
                       Officer of the HEICO Electronic Technologies Group

Thomas S. Irwin        Senior Executive Vice President

Carlos L. Macau, Jr.   Executive Vice President - Chief Financial Officer and
                       Treasurer

Steven M. Walker       Chief Accounting Officer and Assistant Treasurer


In addition, the Company's Board of Directors reduced their compensation by 20%, on a temporary basis during the Crisis.


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Item 8.01. Other Events.

In addition, this report is being filed to supplement the risk factors described in Item 1A. Risk Factors of the Company's Annual Report on Form 10-K for the year ended October 31, 2019.

The Company is subject to risks arising from the recent COVID-19 crisis (the "Crisis").

The recent Crisis has spread across the globe and is impacting worldwide economic activity. A pandemic, including COVID-19 or other public health epidemic, poses the risk that HEICO or its employees, customers, suppliers, manufacturers and other commercial partners may be prevented from conducting business activities for an indefinite period of time, including due to the spread of the disease or shutdowns requested or mandated by governmental authorities. While it is not possible at this time to estimate the full impact that the Crisis could have on HEICO's business, the continued spread of COVID-19 could disrupt its customers' businesses, supply chain and the manufacture or shipment of its products, and its other activities, which could have a material adverse effect on its business, financial condition and results of operations.

Cautionary Statement Regarding Forward-Looking Statements.

Certain statements in this Current Report on Form 8-K constitute forward-looking statements, which are subject to risks, uncertainties and contingencies. HEICO's actual results may differ materially from those expressed in or implied by those forward-looking statements as a result of factors including: the severity, magnitude and duration of the Crisis; HEICO's liquidity and the amount and timing of cash generation; the continued decline in commercial air travel caused by the Crisis, airline fleet changes or airline purchasing decisions, which could cause lower demand for our goods and services; product specification costs and requirements, which could cause an increase to our costs to complete contracts; governmental and regulatory demands, export policies and restrictions, reductions in defense, space or homeland security spending by U.S. and/or foreign customers or competition from existing and new competitors, which could reduce our sales; our ability to introduce new products and services at profitable pricing levels, which could reduce our sales or sales growth; product development or manufacturing difficulties, which could increase our product development and manufacturing costs and delay sales; our ability to make acquisitions and achieve operating synergies from acquired businesses; customer credit risk; interest, foreign currency exchange and income tax rates; economic conditions within and outside of the aviation, defense, space, medical, telecommunications and electronics industries, which could negatively impact our costs and revenues; and defense spending or budget cuts, which could reduce our defense-related revenue. Parties receiving this material are encouraged to review all of HEICO's filings with the Securities and Exchange Commission, including, but not limited to filings on Form 10-K, Form 10-Q and Form 8-K. HEICO undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.


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Item 9.01. Financial Statements and Exhibits.



(d) Exhibits
Exhibit    Description

99.1         Press release dated April 15, 2020

101.SCH    Inline XBRL Taxonomy Extension Schema Document

101.CAL    Inline XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF    Inline XBRL Taxonomy Extension Definition Linkbase Document

101.LAB    Inline XBRL Taxonomy Extension Labels Linkbase Document

101.PRE    Inline XBRL Taxonomy Extension Presentation Linkbase Document

104        Cover Page Interactive Data File (formatted as inline XBRL and
           contained in Exhibit 101)




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