MIRA
INFORM REPORT
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Report Date : |
25.11.2011 |
IDENTIFICATION DETAILS
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Name : |
L-3 COMMUNICATIONS MAPPS |
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Registered Office : |
8565 Ch DE LA Cote-DE-Liesse Saint-Laurent, QC H4T 1G5 |
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Country : |
Canada |
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Date of Incorporation : |
Not Available |
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Legal Form : |
Private Independent |
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Line of Business : |
Manufacture of electronic valves and tubes and other electronic components |
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No. of Employees : |
240 |
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 : |
No Complaints |
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Litigation : |
Clear |
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 – September 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Canada |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name and address
L-3 Communications
Mapps
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Business
Description
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L-3 Communications MAPPS is one of the leading suppliers of automation
and control systems worldwide. It offers ship control systems to the naval
and commercial marine markets. The company additionally manages navigation,
bridge and platform controls for warships. It provides integrated platform
management systems for ships and nuclear-powered submarines. In addition, the
company offers battle damage control systems that manage a range of fire,
flood, radiation and chemical hazard emergency situations. It provides
navigation systems for cruise vessels, passenger ferries, oil tankers, and
liquid natural gas and chemical carriers. The company also offers remote
terminal and data acquisition units. It provides products that are used as
hardwired interface between management systems and ship machinery sensors and
actuators. |
Industry
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Industry |
Electronic Instruments and Controls |
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ANZSIC 2006: |
2429 - Other Electronic Equipment
Manufacturing |
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NACE 2002: |
3210 - Manufacture of electronic valves and
tubes and other electronic components |
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NAICS 2002: |
334419 - Other Electronic Component
Manufacturing |
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UK SIC 2003: |
3210 - Manufacture of electronic valves
and tubes and other electronic components |
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US SIC 1987: |
3679 - Electronic Components, Not
Elsewhere Classified |
Key Executives
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News
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1 - Profit & Loss
Item Exchange Rate: USD 1 = CAD 1.016733
2 - Balance Sheet Item Exchange Rate: USD 1 = CAD 0.96445
Corporate Overview
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Executives Report
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Northstar
Electronics Receives New Work From L-3 MAPPS the Canadian Frigate Upgrade
Program
Aerospace and Defense Companies
Energy Weekly News: 17 August 2011
[What follows is the full text of the news story.]
Northstar
Electronics, Inc. (OTCBB:NEIK) announces that its wholly owned subsidiary,
Northstar Network Ltd. (NNL), has been awarded additional contract work on the
Canadian Halifax Class, Frigate Upgrade Program from L-3 MAPPS (NYSE:LLL)
totaling US$450,000.
The new work is
part of L-3's Integrated Platform Management System and specifically relates to
additional control panels for engine room and landing craft deck areas as well
as other machinery control facilities. A similar project increase is
anticipated shortly for associated equipment connection installations
associated with the supply of control consoles throughout the ship.
In June, the
Company completed a private placement in a unit offering with a unit comprised
of a common share and a half warrant. A full warrant is exercisable within a
three year term.
Dr Wilson Russell,
Northstar's CEO, says, "The Company continues progress with its contract
with L-3. We expect new contracts shortly from other sources and we expect to
expand our contract base over the next 6-12 months with both existing and new
customers in the defense and aerospace areas. We expect to raise additional
capital over the next few months in support of these business prospects."
About Northstar: Northstar Electronics, Inc., through its subsidiary, Northstar
Network Ltd. (NNL), provides specialized design engineering, systems
integration, prototyping and production services primarily to defense, aerospace
and Homeland Security prime contractors. In particular, NNL designs and builds
high performance sonar systems for customers and, together with its affiliated
companies, carries out precision machining, sheet metal fabrication and
electronic contract manufacturing.
Web:
www.northstarelectronics.com About L-3 Communications MAPPS Inc.: L-3 MAPPS, a
division of the L-3 Marine & Power Systems group, has over 25 years of
experience in pioneering technological advances in the marine automation field
and over 35 years of experience in delivering high-fidelity power plant
simulation to leading utilities worldwide. In addition, the company has more
than three decades of expertise in supplying plant computer systems for
Canadian heavy water reactors. L-3 MAPPS also provides targeted controls and
simulation solutions to the space sector. The Company is based in Montreal.
Northstar
Electronics Receives New Work From L-3 MAPPS the Canadian Frigate Upgrade
Program
Business Wire: 11 August 2011
[What follows is the full text of the news story.]
VANCOUVER, British
Columbia--(BUSINESS WIRE)-- Northstar Electronics, Inc. (OTCBB:NEIK) announces
that its wholly owned subsidiary, Northstar Network Ltd. (NNL), has been
awarded additional contract work on the Canadian Halifax Class, Frigate Upgrade
Program from L-3 MAPPS (NYSE:LLL) totaling US$450,000.
The new work is
part of L-3�s Integrated Platform Management System and specifically relates
to additional control panels for engine room and landing craft deck areas as
well as other machinery control facilities. A similar project increase is
anticipated shortly for associated equipment connection installations
associated with the supply of control consoles throughout the ship.
In June, the
Company completed a private placement in a unit offering with a unit comprised
of a common share and a half warrant. A full warrant is exercisable within a
three year term.
Dr Wilson Russell,
Northstar�s CEO, says, "The Company continues progress with its contract
with L-3. We expect new contracts shortly from other sources and we expect to
expand our contract base over the next 6-12 months with both existing and new
customers in the defense and aerospace areas. We expect to raise additional
capital over the next few months in support of these business prospects."
About Northstar:
Northstar
Electronics, Inc., through its subsidiary, Northstar Network Ltd. (NNL),
provides specialized design engineering, systems integration, prototyping and
production services primarily to defense, aerospace and Homeland Security prime
contractors. In particular, NNL designs and builds high performance sonar
systems for customers and, together with its affiliated companies, carries out
precision machining, sheet metal fabrication and electronic contract
manufacturing.
Web:
www.northstarelectronics.com
About L-3
Communications MAPPS Inc.:
L-3 MAPPS, a
division of the L-3 Marine & Power Systems group, has over 25 years of
experience in pioneering technological advances in the marine automation field and
over 35 years of experience in delivering high-fidelity power plant simulation
to leading utilities worldwide. In addition, the company has more than three
decades of expertise in supplying plant computer systems for Canadian heavy
water reactors. L-3 MAPPS also provides targeted controls and simulation
solutions to the space sector. The Company is based in Montreal.
Web:
http://www.mapps.l-3com.com
Safe Harbor
Statement: This release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1993, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and is subject to the safe harbor
created by those sections. Although the Company believes that such expectations
reflected in such forward-looking statements are reasonable, it can give no
assurance that such expectations reflected in such forward-looking statements
will prove correct. The Company�s actual results could differ materially from
those anticipated in the forward-looking statements.
Yes International
Rich Kaiser,800-631-8127
Investor Relations
yes@yesinternational.com
or
Martin E. Janis & Company, Inc.
Bev Jedynak, 312-943-1123
media relations
bjedynak@janispr.com
or
Sinclair Pacific Communications
Rishi Kwatra,604-566-9299
sinclairpacific@shaw.ca
Source: Northstar
Electronics, Inc.
Research and
Markets: Distributed Control Systems - Global Strategic Business Report Gives
Annual Estimates up to 2015 and Profiles of 46 Companies
Business Wire: 23 December 2010
[What follows is the full text of the news story.]
DUBLIN--(BUSINESS WIRE)-- Research and Markets
(http://www.researchandmarkets.com/research/9c5be3/distributed_contro) has
announced the addition of the "Distributed Control Systems - Global
Strategic Business Report" report to their offering.
This report
analyzes the worldwide markets for Distributed Control Systems in US$ Million
by the following End-Use Segments: Pulp & Paper, Pharmaceutical, Refining,
Power, Oil & Gas, Chemical, and Others (include Food & Beverages, Water
& Wastewater Treatment, Cement, and Textiles). The report provides separate
comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle
East, and Rest of World. Annual estimates and forecasts are provided for the
period 2007 through 2015.
The report
profiles 46 companies including many key and niche players such as ABB Ltd.,
Bharat Heavy Electricals Ltd., Control Systems International, Inc., Emerson
Process Management, GE Energy, GE Intelligent Platforms, Honeywell Process
Solutions, Invensys Plc, L-3 Communications MAPPS, Inc., Lighting Control &
Design, Inc., Metso Corporation, Metso Automation, Mitsubishi Heavy Industries,
Ltd., Omron Corporation, Rockwell Automation Inc., Schneider Electric SA,
Siemens Energy & Automation, Inc., Toshiba International Corporation,
Yamatake Corp., and Yokogawa Electric Corporation. Market data and analytics
are derived from primary and secondary research. Company profiles are mostly
extracted from URL research and reported select online sources.
Key Topics
Covered:
- 1
INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
- 2 INDUSTRY
OVERVIEW
- 3 TRENDS AND
ISSUES
- 4 COMPETITIVE
LANDSCAPE
- 5 PRODUCT
OVERVIEW
- 6 OVERVIEW OF
APPLICATION SECTORS
- 7 PRODUCT
INNOVATIONS/INTRODUCTIONS
- 8 PRODUCT
INNOVATIONS/INTRODUCTIONS IN THE RECENT PAST - A PERSPECTIVE BUILDER
- 9 RECENT
INDUSTRY ACTIVITY
- 10 CORPORATE
DEVELOPMENTS IN RECENT PAST - A PERSPECTIVE BUILDER
- 11 FOCUS ON
SELECT GLOBAL PLAYERS
- 12 GLOBAL
MARKET PERSPECTIVE
- 13 THE UNITED
STATES
- 14 CANADA
- 15 JAPAN
- 16 EUROPE
- 17
ASIA-PACIFIC
- 18 THE MIDDLE
EAST
- 19 LATIN
AMERICA
The Companies
mentioned inside this report include:
- ABB Ltd
(Switzerland)
- Bharat Heavy
Electricals Ltd (India)
- Control
Systems International, Inc (USA)
- Emerson
Process Management (USA)
- GE Energy
(USA)
- GE
Intelligent Platforms (USA)
- Honeywell
Process Solutions (USA)
- Invensys Plc
(UK)
- L-3
Communications MAPPS, Inc (Canada)
- Lighting
Control & Design, Inc (USA)
- Metso
Corporation (Finland)
- Metso
Automation (Finland)
- Mitsubishi
Heavy Industries, Ltd (Japan)
- Omron
Corporation (Japan)
- Rockwell
Automation, Inc (USA)
- Schneider
Electric SA (France)
- Siemens
Energy & Automation, Inc (USA)
- Toshiba
International Corporation (USA)
- Yamatake
Corporation (Japan)
- Yokogawa Electric
Corporation (Japan)
For more
information visit
http://www.researchandmarkets.com/research/9c5be3/distributed_contro
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Source: Research
and Markets
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.52.25 |
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1 |
Rs.81.23 |
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Euro |
1 |
Rs.69.82 |
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 |
Capability to overcome financial difficulties seems comparatively below
average. |
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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-- |
NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.