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MIRA INFORM REPORT
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Report No. : |
495703 |
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Report Date : |
06.03.2018 |
IDENTIFICATION DETAILS
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Name : |
AERODYNE RESEARCH, INC. |
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Registered Office : |
45 Manning Road, Billerica, MA 01821
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Country : |
United States |
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Date of Incorporation : |
09.11.1970 |
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Legal Form : |
Corporation |
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Line of Business : |
Subject provides research and development services for commercial and government
clients in the United States and internationally. |
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No. of Employees : |
97 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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United States |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
UNITED
STATES - ECONOMIC OVERVIEW
The US has the most technologically powerful economy in the world, with a per capita GDP of $57,300. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at purchasing power parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.
In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.
Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.
The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.
Imported oil accounts for nearly 55% of US consumption and oil has a major impact on the overall health of the economy. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.
The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009, Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.
Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2014, the direct costs of the wars totaled more than $1.5 trillion, according to US Government figures.
In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010.
In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight.
In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short-term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. In late 2013, the Fed announced that it would begin scaling back long-term bond purchases to $75 billion per month in January 2014 and further reduce them as conditions warranted; the Fed ended the purchases during the summer of 2014. In 2014, the unemployment rate dropped to 6.2%, and continued to fall to 5.5% by mid-2015, the lowest rate of joblessness since before the global recession began; inflation stood at 1.7%, and public debt as a share of GDP continued to decline, following several years of increases. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. With US GDP growth below 2%, the Fed opted to raise rates three times since then, and in mid-June 2017, the range for the target rate stood at 1% to 1.25%.
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Source
: CIA |
STATUTORY
INFORMATION
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Legal Name: |
AERODYNE RESEARCH, INC. |
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Trade Names: |
AERODYNE RESEARCH, INC. |
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ID: |
042471226 |
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Date Created: |
1970 |
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Date Incorporated: |
09-11-1970 |
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Legal Address: |
45 MANNING ROAD, BILLERICA, MA
01821 USA |
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Operative Address: |
45 Manning Road Billerica, MA 01821-3976 United States |
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Telephone: |
978-663-9500 |
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Fax: |
978-663-4918 |
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Legal Form: |
CORPORATION |
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Email: |
info@aerodyne.com |
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Registered in: |
MASSACHUSETTS |
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Website: |
www.aerodyne.com |
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Contact: |
Dr. Charles Kolb - President |
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Staff: |
97 |
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Activity: |
NAICS Code 5417 Scientific Research and Development
Services |
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Banks: |
TD BANKNORTH, N.A. 15 BROAD STREET BOSTON MA 02109 |
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History: |
Aerodyne Research Inc. was founded in 1970 and is
based in Billerica, Massachusetts. |
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PRINCIPAL
ACTIVITY
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Aerodyne Research Inc. provides research and
development services for commercial and government clients in the United States
and internationally. |
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Products/Services description: |
It designs, builds, and utilizes remote sensing,
surveillance, image processing, tracking, and recognition systems for
environmental and defense applications; and develops and characterizes materials,
processes, and devices for electronic, electro-optical, and energy
applications. The company also provides computer simulation codes,
specialized electro-optical components, and electro-optical monitoring
instruments for clients engaged in research, development, and high technology
production. In addition, it markets tunable laser systems and components,
including astigmatic multiple pass absorption cells, quantum cascade laser
trace gas detectors, CO2 isotopic analyzers, and tunable diode laser software
solutions; and aerosol mass spectrometers. Further, the company provides
optical sensors, such as nitrogen oxide monitors, oxygen monitors, and water
vapor monitors; optical signature software; systems modeling and analysis
software; and miniature generators. Furthermore, it conducts research in the
areas of aerosol and cloud chemistry, atmospheric and environmental
chemistry, environmental change, thermal technologies, optical appearance
design and prediction, aero-thermodynamics, energy and propulsion technology,
optical signature recognition, and sensor systems and technology. |
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Brands: |
Aerodyne Research |
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Sales are: |
Wholesale |
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Clients: |
Univd Nal Autonoma De Mexico |
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Suppliers: |
NA |
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Operations area: |
National and International |
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The company imports from |
No import records found. |
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The company exports to |
MEXICO |
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The subject employs |
97 EMPLOYEES |
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Payments: |
Regular |
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LOCATION
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Headquarters : |
45 Manning Road Billerica, MA 01821-3976 United States |
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Comments on Address: |
- |
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Branches: |
No other branches were found. |
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Related Companies: |
No related companies were found. |
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GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
The company does not disclose information on
shareholders. We were not able to confirm major holders. |
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Management: |
Dr. Charles Kolb - President Mrs. Cameron Martin - Marketing Director and
Executive Assistant Dr. Herman E. Scott - Executive Vice President of
Commercializations Dr. Mark Zahniser - Vice President and Director of
Center for Atmospheric & Environmental Chemistry Dr. Richard C. Miake-Lye - Director of Centre for
Aero-Thermodvnamics |
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FINANCIAL
INFORMATION
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The company does not make
its financial statements public. The following information has been provided
by private sources: |
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USD 2016 |
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Estimated Assets |
30 900 000 |
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Cash Flow |
Good |
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LEGAL
FILINGS
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PATENTS |
Image enhancement Patent number: 4416538 Abstract: Image enhancement is achieved to increase
the ability to distinguish details otherwise difficult to discern in bright and
dark areas of a photorecord by reflecting light off surface perturbations on
the record and displaying the reflected light by means of schlieren optics. Type: Grant Filed: December 7, 1981 Date of Patent: November 22, 1983 Assignee: Aerodyne Research, Inc. Inventors: Peter F. Mueller, H. John Caulfield Nondispersive optical monitor for nitrogen-oxygen
compounds Patent number: 5818598 Abstract: A gas-correlation filter
spectroscopy-based method and apparatus for determining the concentration of
gas species having significant average broadband absorption incorporates a
compensating filter having an absorption spectrum that varies with wavelength
similarly to the spectrum of the gas species. The compensating filter
eliminates interference due to differential absorption. The invention is
especially suited to detecting nitrogen dioxide. Type: Grant Filed: December 20, 1996 Date of Patent: October 6, 1998 Assignee: Aerodyne Research, Inc. Inventor: Paul Kebabian Atmospheric-particle analyzer Patent number: 6040574 Abstract: The principle object of the invention is
to provide an improved particle analyzer for analyzing particles contained in
a gaseous medium. A more specific object is to provide a particle analyzer
that provides a measure of the concentration of particles of various sizes in
the atmosphere and the make up of the particles of various sizes. A more
specific object is to provide an analyzer of the foregoing type which is
small inexpensive and suitable for unattended use in the field. Type: Grant Filed: March 5, 1998 Date of Patent: March 21, 2000 Assignee: Aerodyne Research, Inc. Inventors: John T. Jayne, Douglas R. Worsnop,
Charles E. Kolb |
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GOVERNMENT CONTRACTS |
Government Contractor: AERODYNE RESEARCH, INC. Name & Address: 45 MANNING RD BILLERICA, MA 01821-3934 Number of Defense Contracts Awarded : 143 Dollar Amount of Defense Contracts
Awarded:$41,379,736 |
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CASES |
No records found. |
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TRADEMARKS |
ARI SCIENTIFIC AND ENGINEERING STUDIES IN THE FIELD OF PHYSICS,
CHEMISTRY, MATHEMATICS AND ENGINEERING Owned by: AERODYNE RESEARCH, INC. Serial Number: 72455975 AERODYNE RESEARCH CONTRACT RESEARCH AND DEVELOPMENT, SCIENTIFIC AND
TECHNICAL CONSULTING, AND MATHEMATICAL AND COMPUTER AND SYSTEMS ANALYSIS… Owned by: AERODYNE RESEARCH, INC. Serial Number: 73535980 |
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RENEWAL HISTORY |
Name of filing Year
filed Date filed Filing No. Annual Report 2017 11/20/2017 02:17 PM 201764962670 Statement of Change of Registered Agent/Registered
Office 12/28/2016 01:47 PM 201608957770 Statement of Change of Registered Agent/Registered
Office 12/28/2016 01:47 PM 201608958100 Annual Report 2016 12/28/2016 01:40 PM 201608956430 Annual Report 2015 12/10/2015 05:11 PM 201554544790 Annual Report 2014 11/25/2014 01:27 PM 201403751230 Annual Report 2013 10/03/2013 05:00 PM 201351098810 Annual Report 2012 12/05/2012 01:33 PM 201210351090 Annual Report 2010 07/30/2012 05:14 PM 201299095090 |
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UCC |
UCC-1 Standard UCC Filing Number: Filing Date: 200759237760 8/22/2007 8:14:00 AM Files: 200759237760_1.pdf, 1 pgs Request Certified Copy Debtor(s) AERODYNE RESEARCH, INC. 45 MANNING ROAD BILLEREICA MA 01821 State of Inc: MA
Corp Num: None
Corp Type: CORPORATION Secured Parties TD BANKNORTH, N.A. 15 BROAD STREET BOSTON MA 02109 UCC-1 Standard UCC Filing Number: Filing Date: 200759237760 8/22/2007 8:14:00 AM Files: 200759237760_1.pdf, 1 pgs Request Certified Copy Debtor(s) AERODYNE RESEARCH, INC. 45 MANNING ROAD BILLEREICA MA 01821 State of Inc: MA
Corp Num: None
Corp Type: CORPORATION Secured Parties TD BANKNORTH, N.A. 15 BROAD STREET BOSTON MA 02109 UCC-1 Standard UCC Filing Number: Filing Date: 201742594950 12/26/2017 12:58:00 PM Files: 201742594950_1 Action: InitialFiling Request Certified Copy Debtor(s) AERODYNE RESEARCH, INC. 45 MANNING RD BILLERICA MA 01821 Corp Type: CORPORATION Secured Parties XEROX FINANCIAL SERVICES 45 GLOVER AVE. NORWALK CT 06856 UCC-1 Standard UCC Filing Number: Filing Date: 200759237760 8/22/2007 8:14:00 AM Files: 200759237760_1.pdf, 1 pgs Request Certified Copy Debtor(s) AERODYNE RESEARCH, INC. 45 MANNING ROAD BILLEREICA MA 01821 State of Inc: MA
Corp Num: None
Corp Type: CORPORATION Secured Parties TD BANKNORTH, N.A. 15 BROAD STREET BOSTON MA 02109 |
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OFAC Sanctions List Search |
The company is not listed in the OFAC list. |
SUMMARY
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Founded in 1970, Aerodyne Research Inc. is an organization
in the Scientific Research and Development Services Industry headquartered in
Billerica, MA. The company has 97 regular employees. It operates
nationally and internationally, mainly exporting to Mexico. It is ACTIVE in
business with no negative records. The company shows low commercial profile, not being
listed with yellow pages or major credit bureaus. |
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RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
Regular |
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CASH FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW
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NAME |
Frank |
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POSITION |
Sales |
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COMMENTS |
He confirmed the name of the company, the address of
the headquarters and location, the date of creation of the company, the
number of employees and the name of the President. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 65.05 |
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1 |
INR 89.70 |
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Euro |
1 |
INR 80.03 |
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US Dollar |
1 |
INR 64.86 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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PRA |
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Report Prepared
by : |
TRU |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.