Heico said that its electronic technologies group has acquired the Seacom division of privately held Dukane Corp.

Terms were not disclosed. Heico, a niche player in the aviation, defense, space and electronics sector with headquarters in Miami and Hollywood, said that it expects the acquisition to add to earnings per share during the year following closing.

Heico has renamed the business Dukane Seacom and anticipates that the operation will remain in its current location in St. Charles, Ill., for now.

Seacom, with 35 employees, is the world's largest designer and manufacturer of underwater locator beacons used to locate aircraft cockpit voice recorders and flight data recorders, marine ship voyage recorders and various other devices which have been submerged under water.

Heico said that Dukane Seacom's management will remain with the business in their pre-acquisition roles and that it does not expect other near-term staff turnover to result from the acquisition.