MIRA INFORM REPORT

 

 

Report Date :           

16.07.2011

 

IDENTIFICATION DETAILS

 

Name :

RAYTHEON COMPANY INC

 

 

Registered Office :

2711 Centerville Road Suite 400, Wilmingto,De,19808

 

 

Country :

United States 

 

 

Date of Incorporation :

17.12.1953

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

Provides electronics, mission systems integration, and other capabilities in the areas of sensing, effects, and command, control, communications, and intelligence systems, as well as mission support services in the United States and internationally

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

USD 3,000,000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct 

 

 

Litigation :

Exists

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

United States 

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 Bottom of Form

 

                                                                                                                                      

GEOPOLITICS - UNITED STATES

 

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal


Economic Risk: Nil

Currency: USD

Branch Situation: Stable

 

 

IDENTIFICATION

 

Ordered
 as:

Raytheon Company

Address in the order:

1010 Production Road, Fort Wayne IN-46818-4106

Comments on data supplied:

The address you provided is one of Raytheon Company Inc’s business units.

Legal Name:

Raytheon Company Inc

 

 

Legal Address

2711 CENTERVILLE ROAD SUITE 400

WILMINGTO,DE,19808

USA

Operative Address

Raytheon Company

870 Winter Street

Waltham, MA 02451-1449

 

Telephone:

781 522 5110

File Number :

0472015

Fax:

781-522-3001

Legal Form:

Corporation for Profit

Email:

corporatepr@raytheon.com

Registered in:

Delaware

Website:

www.raytheon.com

Date Created:

1922

Manager:

William Swanson  Cahirman & Ceo

Date Incorporated:

December 17,1953

Staff:

72,400

Stock:

359,694,000

 

 

Value:

 $.01

Activity:

Provides electronics, mission systems integration, and other capabilities in the areas of sensing, effects, and command, control, communications, and intelligence systems, as well as mission support services in the United States and internationally

 

 

BANKS

 

Name of the Bank

Wells Fargo Bank

 

BUSINESS

 

HISTORY

 

Raytheon Company was founded in Cambridge, Mass., as the American Appliance Company in 1922, a pivotal time in American history,and is based in Waltham, Massachusetts.

 

PRINCIPAL ACTIVITY

 

provides electronics, mission systems integration, and other capabilities in the areas of sensing, effects, and command, control, communications, and intelligence systems, as well as mission support services in the United States and internationally. It operates in six segments:

 

Integrated Defense Systems, Intelligence and Information Systems, Missile Systems, Network Centric Systems, Space and Airborne Systems, and Technical Services.

 

The Network Centric Systems segment provides net-centric mission solutions for the U.S. Army, Air Force, Navy and Marine Corps, and other government customers, as well as civil customers.

 

Products/Services description:

 

They operate in six business segments:

 

Integrated Defense Systems;

 

Intelligence and Information Systems;

 

Missile Systems;

 

Network Centric Systems;

 

Space and Airborne Systems; and

 

Technical Services.

 

 

Sales are:

 

Wholesale

Operations area:

 

National

PAYMENTS

 

regular

Comments on location:

 

It is based in Waltham, Massachusetts USA.

 

The company has several locations across the US.

 

 

Shareholders - Manager - Related Companies

 

Capital:

 

% of Shares Held by All Insider and 5% Owners: 0%

% of Shares Held by Institutional & Mutual Fund Owners: 77%

% of Float Held by Institutional & Mutual Fund Owners: 77%

Number of Institutions Holding Shares: 638

 

This is a public company: (RTN:New York)

Shareholders Parent Company(ies):

 

Major Direct Holders:

 

SWANSON WILLIAM H 

WAJSGRAS DAVID C 

STEPHENS JAY B

PEDEN KEITH J

CULLIGAN THOMAS M

 

 

Management:

 

William Swanson , Chairman and CEO, 

David Wajsgras, SVP and CFO,      

Rebecca Rhoads,  VP and CIO.       

 

Related Companies:

 

SUBSIDIARIES OF RAYTHEON COMPANY

Amber Engineering, Inc.

California  

  

Raytheon Aircraft Holdings, Inc.

Delaware  

  

Raytheon Technical Services Company, LLC   Delaware

 



Financials - COMMERCIAL TRENDS AND FORECAST

 

The subject is a public company traded at the stock exchange. Please find enclosed the financial statements.

Legal Fillings

 There are no UCC** files listed with the Secretary of State of Delaware.

 

 

Filing Number: 2009 2335708

Filing Date: 07-21-2009

Secured Party: H.S. DIE & ENGINEERING INC.

 

 

Filing Number: 2009 1659074

Filing Date: 05-26-2009

Filing Jurisdiction: DELAWARE

Secured Party: H.S. DIE & ENGINEERING INC.

 

 

Filing Number: 2009 1205639

 Filing Date: 04-07-2009

 Filing Jurisdiction: DELAWARE

Secured Party: H.S. DIE & ENGINEERING INC.

 

 

Filing Number: 2009 0572187

 Filing Date: 02-09-2009

Secured Party: H.S. DIE & ENGINEERING INC.

 

 

Filing Number: 2009 0400421

 Filing Date: 02-05-2009

Secured Party: H.S. DIE & ENGINEERING INC.

 

 

Filing Number: 2009 0277803

Filing Date: 01-27-2009

Secured Party: H.S. DIE & ENGINEERING INC

 

There are various claims, lawsuits, and pending actions against the Company and its subsidiaries incident to the operations of its businesses. It is the opinion of management, after consultation with counsel, that the ultimate resolution of such claims, lawsuits and pending actions will not have a material adverse effect on the Company\'s consolidated financial position, results of operations or liquidity.
The last annual report was filed on 2010.

 

 

THE COMPANY IS NOT LISTED ON THE OFAC LIST.*

 

 

For information:

 

* The Specially Designated Nationals (SDN) List is a publication of OFAC which lists individuals and organizations with whom United States citizens and permanent residents are prohibited from doing business.

 

 

** The Uniform Commercial Code (UCC) is one of a number of uniform acts that have been promulgated in conjunction with efforts to harmonize the law of sales and other commercial transactions in all 50 states within the United States of America. 

 

The UCC deals primarily with transactions involving personal property (movable property), not real property (immovable property).

 

It allows a creditor to notify other creditors about a debtor’s assets used as collateral for a secured transaction by filing a public notice (financing statement) with a particular filing office.

 

The Uniform Commercial Code Bureau files and maintains on financial obligations (including IRS liens) incurred by individuals (in business as a sole proprietor), business entities and corporations.



Rating

 

Local credit bureau gave a good credit rate.

 

The company is in Good Standing. This means that all local and federal taxes were paid on due date.

 Final Opinion

 

This company has been in business for over 90 years. It has a staff of 72,400employees at group level which makes it a large sized company.

 

 

This company has good credit history and good financial structure.

 

Due to the fact that this is a large sized company with several subsidiaries worldwide, and considering the fact that the revenue for the year increased significantly:

 

A credit line may be considered for USD 3,000,000.

 

 

 

SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

CORRECT

Public Records

YES

 

Indebtedness

CONTROLLED

Payments

REGULAR

 

Cash

NORMAL

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.53

UK Pound

1

Rs.71.91

Euro

1

Rs.62.98

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.