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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 DpF4OFEiVZ7Kr2NPehQqttxzL/aFsPx+k7DF9ifN6QOAHjq8Th8dq7e3vvCEUtAJ
 isjNCIqNAooDw5DJZTL9ug==

<SEC-DOCUMENT>0001140437-03-000277.txt : 20030703
<SEC-HEADER>0001140437-03-000277.hdr.sgml : 20030703
<ACCEPTANCE-DATETIME>20030703152156
ACCESSION NUMBER:		0001140437-03-000277
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030701
FILED AS OF DATE:		20030703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MENDELSON VICTOR H
		CENTRAL INDEX KEY:			0001031082
		STATE OF INCORPORATION:			FL

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04604
		FILM NUMBER:		03775291

	BUSINESS ADDRESS:	
		STREET 1:		825 S. BRICKELL BAY DRIVE, SUITE 1643
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33131
		BUSINESS PHONE:		3053741744

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HEICO CORP
		CENTRAL INDEX KEY:			0000046619
		STANDARD INDUSTRIAL CLASSIFICATION:	AIRCRAFT ENGINES & ENGINE PARTS [3724]
		IRS NUMBER:				650341002
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1031

	BUSINESS ADDRESS:	
		STREET 1:		3000 TAFT ST
		CITY:			HOLLYWOOD
		STATE:			FL
		ZIP:			33021
		BUSINESS PHONE:		3059876101

	MAIL ADDRESS:	
		STREET 1:		3000 TAFT STREET
		CITY:			HOLLYWOOD
		STATE:			FL
		ZIP:			33021

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HEINICKE INSTRUMENTS CO
		DATE OF NAME CHANGE:	19860417
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>hc30705_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   04/22/03  TZ    -->
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-07-01</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000046619</issuerCik>
        <issuerName>HEICO CORP</issuerName>
        <issuerTradingSymbol>HEI,HEI.A</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
      <reportingOwnerId>
            <rptOwnerCik>0001031082</rptOwnerCik>
            <rptOwnerName>MENDELSON VICTOR H</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>Executive Vice President</officerTitle>
       </reportingOwnerRelationship>
   </reportingOwner>
   <derivativeSecurity>
      <securityTitle>
         <value>Option (Right to Buy Class A Common Stock)</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>2.01</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2003-07-01</value>
      </transactionDate>
      <deemedExecutionDate>
         <value>2003-07-01</value>
      </deemedExecutionDate>
      <transactionCoding>
         <transactionFormType>5</transactionFormType>
         <transactionCode>G</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>2692</value>
         </transactionShares>
         <transactionValue>
           <value>0</value>
         </transactionValue>
         <transactionAcquiredDisposedCode>
           <value>D</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>1993-12-17</value>
      </exerciseDate>
      <expirationDate>
         <value>2003-12-17</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Class A Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>2692</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>30870</value>
            <footnoteId id="F1"/>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeSecurity>
   <footnotes>
<footnote id="F1"> In addition to these options, the Reporting Person owns directly options entitling the Reporting Person to purchase an aggregate of 542,615 shares of Common Stock and 174,667 shares of Class A Common Stock. These options become exercisable on various dates and have various expiration dates.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>Victor H. Mendelson</signatureName>
      <signatureDate>2003-07-03</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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