MIRA
INFORM REPORT
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Report Date : |
25.06.2007 |
IDENTIFICATION DETAILS
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Name : |
GENERAL DYNAMICS SATCOM TECHNOLOGIES, INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
15/03/1994 |
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Legal Form : |
Corporation – Private |
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Line of Business : |
Provider of communication solutions and equipment. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: GENERAL
DYNAMICS SATCOM TECHNOLOGIES, INC.
Address:
City:
State/Province:
Zip Code: 28658
Country: UNITED
STATES
Telephone: 828
464-4141
Facsimile: 828
466-6420
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of Employees: 1,500
Legal Form: Corporation
- Private
Website: www.tripointglobal.com
Business Activity: The Firm is a provider of communication
solutions and equipment.
NOTE TO CLIENT
Person Contacted: Mr. Mark
Schalk, Controller.
NOTE: The provided name;
GENERAL DYNAMICS SATCON TECHNOLOGIES, INC. is the incorrect. The Firm's correct
name is GENERAL DYNAMICS SATCON TECHNOLOGIES, INC.
NOTE: The provided
address;
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 15/03/1994
State/Province of Incorporation:
DE
Status: ACTIVE
Previous Legal Form:
Company is NOT required
to publish an annual financial report.
The Company is
incorporated in the State of
File Number: 2385936
Incorporation Date /
Formation Date: 03/15/1994
Entity Name: GENERAL
DYNAMICS SATCOM TECHNOLOGIES, INC.
Entity Kind: CORPORATION
Entity Type: GENERAL
Residency: DOMESTIC
State:
REGISTERED AGENT: THE CORPORATION
TRUST COMPANY
-----------------
The Subject is registered
in the State of
Name Name
Type
General Dynamics SATCOM
Technologies, Inc. Legal
Tripoint Global
Communications Inc. Prev Legal
Business Corporation Information
SOSID: 0714072
Status: Current-Active
Date Formed: 3/2/2004
Citizenship: Foreign
State of
Duration: Perpetual
Registered Agent
Agent Name: CT Corporation System
Registered Office
Address:
Registered Mailing
Address:
Principal Office
Address:
Principal Mailing
Address: No Address
Managers/Key
Personnel
Mr. Gary Kanipe President
Mr. Ronald K. Boyd Executive Vice President
Mr. Mark Schalk Controller
AFFILIATED ENTITIES
AFFILIATES UNDER COMMON
OWNERSHIP OF THE PARETN COMPANY:
American Overseas Marine
Corporation
Bath Iron Works
Corporation
BIW-LLTF, LLC
Convair Aircraft
Corporation
Convair Corporation
Eagle Enterprise, Inc.
Elco Company, The
Electric Boat Corporation
EB Groton Engineering,
Inc.
Electric Boat —
Electric Boat —
Electro Dynamic
Corporation
Electrocom, Inc.
GD Plus S.A.R.L
General Dynamics Armament
and Technical Products, Inc.
GDATP International, Inc.
Plane 877G, LLC
XCORE, Inc.
General Dynamics Decision
Systems, Inc.
General Dynamics
Satellite Communication Services, Inc.
General Dynamics Foreign
Sales Corporation General Dynamics
Government Systems Corporation General
Dynamics Advanced Information Systems, Inc.
Advanced Information
Engineering Services, Inc.
Digital System Resources,
Inc.
General Dynamics Creative
Concepts, Inc.
General Dynamics Devcor,
Inc.
Veridian Information
Solutions, Inc.
Veridian Commercial
Operations, Inc.
General Dynamics C4
Systems, Inc.
General Dynamics
Interactive Corporation General Dynamics
Government Systems Overseas Corporation
General Dynamics Network Systems, Inc.
Creative Technology
Incorporated
General Dynamics Federal
Services Corporation it International
Telecom USA, Inc.
Signal Solutions, Inc.
General Dynamics Overseas
Systems and Services Corporation GTE
Internet Services of Egypt Veridian
Systems Division, Inc.
Pacific Sierra Research,
Ltd.
Veridian Systems
Incorporated
Veridian Aerospace
Services, L.L.C.
Virginia Aerospace
Services, L.L.C.
General Dynamics
International Corporation General
Dynamics Land Systems Inc.
AV Technology, LLC
General Dynamics Land
Systems Customer Service &
Support Company General Dynamics
Support Services Company Global Support
Services Company General Dynamics Land
Systems International, Inc.
General Dynamics Robotic
Systems, Inc.
G.T. Devices, Inc.
Plane 79, LLC
General Dynamics Marine
Systems, Inc.
General Dynamics Ordnance
and Tactical Systems, Inc.
General Dynamics OTS
(Aerospace), Inc.
Bi-propellant Rocket
Research Corporation General Dynamics
OTS (
General Dynamics OTS GmbH
General Dynamics OTS (
General Dynamics OTS
(DRI), Inc.
General Dynamics OTS
(Niceville), Inc.
General Dynamics OTS (
General Dynamics OTS
(Southern Munitions), LLC General
Dynamics OTS (
General Dynamics OTS
(Southern Ordnance), LLC
General Dynamics
Properties, Inc.
General Dynamics Shared
Resources, Inc.
General Dynamics
Worldwide Holdings, Inc.
GCC
Beteiligungsverwatungs GmbH
SSF-Holding GmbH
Steyr Daimler Puch
Special fahrzeug
SSF Technologie Transfer
AG
General Dynamics Canada
Holdings, Inc.
Mowag Motorwagenfabrik AG
Mowag Logistik AG
General Dynamics Canada
Ltd.
Computing Devices (
General Dynamics Limited
General Dynamics United
Kingdom Limited CDC Systems U.K.
Limited Computing Devices Eastbourne
Limited Computing Devices Hastings
Limited Page Europa SpA Pagetel Sistem Muhendisligi Sanayi ve Ticaret
Limited Gulfstream Aerospace
Corporation Gulfstream Delaware
Corporation Gulfstream Aerospace
Corporation Gulfstream Aerospace
Corporation Gulfstream Aerospace (Middle
East) Ltd.
Gulfstream International
Corporation
Gulfstream Aerospace, Ltd
Gulfstream Aerospace
Corporation
Gulfstream Aerospace
Corporation of Texas Gulfstream
Aerospace Services Corporation
Gulfstream DAL Holdings, LLC
Gulfstream DAL, LP Gulfstream
Aircraft Incorporated Gulfstream Alliance
Holdings, Inc.
Gulfstream 100 Holdings
LLC
Gulfstream 200 Holdings
LLC
Gulfstream Aerospace LP
General Dynamics Aviation
Services Corporation (DE) General
Dynamics Aviation Services Corporation (FL)
General Dynamics Aviation Services Corporation (MN) General Dynamics Aviation Services
Corporation (NV) Gulfstream Financial
Services Corporation Gulfstream NetJets,
Inc.
Gulfstream Tennessee
Corporation
Interiores Aereos S.A. de
C.V.
Material Service
Resources Company
Capital Fuels Sales
Corporation
Capital Resources
Development Company
CFTX, Inc.
Material Service Corporation
Material Service
Foundation
MLRB, Inc.
Mineral and Land
Resources Corporation
Thornton Quarries
Corporation
Century Mineral
Resources, Inc.
Freeman Energy
Corporation
Freeman United Coal
Mining Company
Prairie Energy Sales
Corporation
Southern Illinois
Recovery, Inc.
NASSCO Holdings
Incorporated
International
Manufacturing Technologies, Inc.
Technologias
Internacionales de Manufactura
National Steel and Shipbuilding
Company Patriot I Shipping Corp.
Patriot II Shipping Corp.
Patriot IV Shipping Corp.
Santa
Santa Bárbara Sistemas
GmbH
Parent Companies
Parent Company: GENERAL DYNAMICS C4 SYSTEMS, INC.
UNITED STATES
Ultimate Parent: GENERAL DYNAMICS CORPORATION
UNITED STATES
Telephone: 703 876-3000
General Dynamics
Corporation trades stock on New York Stock Exchange under the symbol GD.
As of Jun. 22, 2007:
USD
Closing Price: $ 78.30
52 Weeks High/Low: $ 82.41 / $ 63.33
Shares Outstanding: 404,829,000
Market Value: $ 31,698,110,700
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General Dynamics
Corporation financial figures for 2006:
(IN US$ THOUSANDS)
Total Revenue $24,063,000
Net Income $1,856,000
Total Current Assets $9,880,000
Total Assets $22,376,000
Total Current Liabilities $7,824,000
Total Liabilities $12,549,000
Total Equity $9,827,000
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
Management declined to
disclose the name of the Company's lead bank.
Outside sources were unable to provide the firm's primary bank.
PAYMENT HISTORY
BUSINESS DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY REPTD
---------- ----- ----- ------- -------- -------- --- --- --- --- --- --------
AIR TRANS 07-03 00-00 0000000 80000 1200 23 77 0 0 0 CUST 9 YR
FREIGHT 07-04 06-12 VARIED 1210000 121100 56 28 2 1 13
PACKAGING 07-06 00-00 NET 30 0 0 0 0 0 0 0 CUST 3 YR
TELECOM 07-06 00-00 NET 30 1200 0 0 0 0 0 0
AIR TRANS 06-11 00-00 NET 30 500 500 29 4 11 27 29 CUST 1 YR
COMPUTERS 06-06 06-05 0000000 93700 0 0 0 0 0 0
TEMP HELP 07-01 00-00 NET 10 129000 129000 36 21 43 0 0 CUST 23 YR
TELECOM 06-08 06-07 NET 30 200 0 0 0 0 0 0 CUST 10 YR
CURRENT QUARTER 1291200 122300 56 28 2 1 13
Payment Trends
INDUSTRY BUSINESS BALANCE CUR 1- 31- 61-
DATE CUR DBT DBT $ % 30 60 90 91+
-------- --- --- --- -------- --- --- --- --- ---
20070600 0 0 20 122300 56 28 2 1 13
20070500 0 0 20 122300 56 28 2 1 13
20070400 0 0 12 1200 23 77 0 0 0
20070300 0 0 0 0 0 0 0 0 0
20070200 0 0 0 800 100 0 0 0 0
20070100 0 0 0 800 100 0 0 0 0
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER YEAR DBT $ % 30 60 90 91+
-------- ------ --- -------- --- --- --- --- ---
First 2007 0 0 0 0 0 0 0
Fourth 2006 6 900 91 1 1 7 0
Third 2006 27 35700 57 20 1 0 22
Second 2006 21 138100 62 20 1 0 17
First 2006 29 53900 60 9 1 14 16
FINANCIAL INFORMATION
The Company does not
release separate financial statements as they ae consolidated into those of the ultimate
parent company's. Please see PARENT
COMPANY for consolidated balance sheets of the
Parent Company and its subsidiaries.
CURRENT OPERATIONS
NAICS Code: 54133
Engineering Services
SIC Code: 8711
Number of Employees: 1,500
Business Activity:
The Firm is a provider of
communication solutions and equipment.
The
Firm is engaged as engineers, providing solutions for golbal satellite and wireless communications world-wide. The
Company supports the brands of
VertexRSI, Prodelin, and Gabriel. The Firm also provides equipment for
base station and earth station
communications products and services, VSAT antennas and antenna systems, and wireless backhaul
products.
The heading address is
the Firm's headquarters.
The Firm also has
locations at:
Tel. +1-903-984-0555
Fax: +1-903-984-1826
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Tel: +1-903-984-7811
Fax: +1-903-984-7597
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1004 N. Avenue A
Tel +1-254-765-3304
Fax: +1-254-765-3628
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Tel: +1-903-295-1480
Fax: +1-903-295-1479
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Tel: +1-310 539-6704
Fax: +1-310-539-7463
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Tel +1-814-238-2700
Fax: +1-814-238-6589
PUBLIC RECORD
No Uniform Commercial
Codes, tax liens or bankruptcy petitions were traced to the Firm.
GENERAL COMMENTS
GENERAL
DYNAMICS SATCOM TECHNOLOGIES, INC. was previously Tripoint Global Communications Inc., which was acquired by
General Dynamics Corporation. The
Company's payment history is reported to be satisfactory. We know the
Company to be of good legal standing and
are considered responsible for normal business
transactions.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)