10-Q/A

                          UNITED STATES
               	SECURITIES AND EXCHANGE COMMISSION
                     	WASHINGTON, D.C.  20549


                           	FORM 10-Q/A


          [X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
	SECURITIES EXCHANGE ACT OF 1934

          For the quarterly period ended March 31, 1996

                                   	OR
                   
          [ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
	SECURITIES EXCHANGE ACT OF 1934

          For the transition period from             to            
          
          Commission file number 1-4482


	               ARROW ELECTRONICS, INC.                
	(Exact name of Registrant as specified in its charter)


           New York                                            11-1806155       
(State or other jurisdiction of                        (I.R.S. Employer 
 incorporation or organization)                         Identification Number)

25 Hub Drive, Melville, New York                                  11747         
(Address of principal executive	       (Zip Code)
 offices)


Registrant's telephone number,
 including area code	      (516) 391-1300      


     Indicate by check mark whether the Registrant (1) has filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 
1934 during the preceding 12 months (or for such shorter period that the 
Registrant was required to file such reports), and (2) has been subject to such 
filing requirements for the past 90 days.

            Yes     X                                  No           

     Indicate the number of shares outstanding of each of the issuer's classes 
of common stock, as of the latest practicable date.

     Common stock, $1 par value: 50,998,045 shares outstanding at May 31, 1996.


SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 
1934, the registrant has duly caused this report to be signed on its behalf 
by the undersigned thereunto duly authorized.

                                              ARROW ELECTRONICS, INC.





Date:  June 25, 1996                  By:/s/ Paul J. Reilly  

                                                -----------------------        
                                                Paul J. Reilly
                                                Vice President and 
                                                Corporate Controller

EX-27

 

<ARTICLE>                             5

<LEGEND>       THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION     
               EXTRACTED FROM THE MARCH 1996 10-Q AND IS QUALIFIED IN ITS
               ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.    


<MULTIPLIER>                      1,000
<CURRENCY>                  U.S.DOLLARS
<FISCAL-YEAR-END>           DEC-31-1996
<PERIOD-START>               JAN-1-1996
<PERIOD-END>                MAR-31-1996
<PERIOD-TYPE>                     3-MOS
<EXCHANGE-RATE>                       1
<CASH>                           77,909
<SECURITIES>                          0
<RECEIVABLES>                 1,017,976
<ALLOWANCES>                     39,240
<INVENTORY>                   1,063,779
<CURRENT-ASSETS>              2,196,470
<PP&E>                          199,370
<DEPRECIATION>                   78,514
<TOTAL-ASSETS>                2,790,182
<CURRENT-LIABILITIES>           923,071
<BONDS>                         449,787
<PREFERRED-MANDATORY>                 0
<PREFERRED>                           0
<COMMON>                         50,813
<OTHER-SE>                    1,200,408
<TOTAL-LIABILITY-AND-EQUITY>  2,790,182
<SALES>                       1,703,318
<TOTAL-REVENUES>              1,703,318
<CGS>                         1,421,501
<TOTAL-COSTS>                 1,586,634
<OTHER-EXPENSES>                      0
<LOSS-PROVISION>                  4,600
<INTEREST-EXPENSE>               11,308
<INCOME-PRETAX>                 105,275
<INCOME-TAX>                     41,731
<INCOME-CONTINUING>              56,808
<DISCONTINUED>                        0
<EXTRAORDINARY>                       0
<CHANGES>                             0
<NET-INCOME>                     56,808
<EPS-PRIMARY>                      1.11
<EPS-DILUTED>                      1.11