# HEICO Flight Support Group to acquire Ridge Engineering and Bechdon

HEICO Corporation's Flight Support Group has entered into a purchase agreement to acquire 89% of Ridge Engineering, Inc. and The Bechdon Company, Inc., two aerospace and defense manufacturers based in Maryland. Financial details were not disclosed.

- Type: Acquisition
- Announced: 2021-07-06
- Where: Hampstead, Maryland; Upper Marlboro, Maryland, United States
- Jobs: 196
- Status: announced
- Products: tight-tolerance machining and brazing of aerospace parts, machining, fabrication, and welding services
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [HEICO Corporation](https://endata.com/companies/22707.md) (acquirer)
- [Ridge Engineering, Inc.](https://endata.com/companies/56280.md) (target)
- [The Bechdon Company, Inc.](https://endata.com/companies/56281.md) (target)

## Sources

- [newswire.com](https://www.newswire.com/news/heico-corporation-to-acquire-two-advanced-aerospace-defense-manufacturers), 2021-07-06: "HEICO Corporation today announced that its Flight Support Group entered into a purchase agreement to acquire 89% of Ridge Engineering, Inc. and The Bechdon Company, Inc."
- [carrollbiz.org](https://carrollbiz.org/heico-ridge/), 2021-07-21: "HEICO expects the acquisitions to be accretive to its earnings within the first year following closing."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.