HEICO Corp. buys Inertial Airline Services from Flight Options Intl.

HEICO Corp. of Miami and Hollywood, Fla., announced it has acquired Inertial Airline Services Inc., of Cleveland, which makes and overhauls the Inertial Navigation Systems used by commercial and military aircraft. HEICO acquired the company for $20 million in cash and $5 million in HEICO Class A...

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