EX-25.1 6 d206295dex251.htm EX-25.1 EX-25.1

Exhibit 25.1

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM T-1

 

 

STATEMENT OF ELIGIBILITY

UNDER THE TRUST INDENTURE ACT OF 1939 OF A

CORPORATION DESIGNATED TO ACT AS TRUSTEE

 

¨ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2)

 

 

THE BANK OF NEW YORK MELLON

TRUST COMPANY, N.A.

(Exact name of trustee as specified in its charter)

 

 

 

  95-3571558

(Jurisdiction of incorporation

if not a U.S. national bank)

 

(I.R.S. employer

identification no.)

400 South Hope Street

Suite 500

Los Angeles, California

(Address of principal executive offices)

 

90071

(Zip code)

 

 

L-3 COMMUNICATIONS CORPORATION

(Exact name of obligor as specified in its charter)

 

 

 

Delaware

(State or other jurisdiction of

incorporation or organization)

 

13-3937436

(I.R.S. employer

identification no.)


Exact Name of Registrant

as Specified in Its Charter

   Jurisdiction of
Incorporation
or
Organization
   IRS Employer
Identification
Number
 

Electrodynamics, Inc.

   Arizona      36-3140903   

Interstate Electronics Corporation

   California      95-1912832   

L-3 Advanced Programs, Inc.

   Delaware      45-3846917   

L-3 Applied Technologies, Inc.

   Delaware      45-3795120   

L-3 Chesapeake Sciences Corporation

   Maryland      52-1737390   

L-3 Communications AIS GP Corporation

   Delaware      13-4137187   

L-3 Communications Avionics Systems, Inc.

   Delaware      38-1865601   

L-3 Communications Cincinnati Electronics Corporation

   Ohio      31-0826926   

L-3 Communications Electron Technologies, Inc.

   Delaware      91-2046609   

L-3 Communications EO/IR, Inc.

   Florida      59-3316817   

L-3 Communications ESSCO, Inc.

   Delaware      04-2281486   

L-3 Communications Flight Capital LLC

   Delaware      75-3089735   

L-3 Communications Flight International Aviation LLC

   Delaware      02-0654591   

L-3 Communications Foreign Holdings, Inc.

   Delaware      20-5871893   

L-3 Communications Integrated Systems L.P.

   Delaware      03-0391841   

L-3 Communications Investments Inc.

   Delaware      51-0260723   

L-3 Communications MariPro, Inc.

   California      33-0947774   

L-3 Communications Mobile-Vision, Inc.

   New Jersey      22-2893537   

L-3 Communications Security and Detection Systems, Inc.

   Delaware      04-3054475   

L-3 Communications Vector International Aviation LLC

   Delaware      42-1569647   

L-3 Communications Vertex Aerospace LLC

   Delaware      64-0941176   

L-3 Communications Westwood Corporation

   Nevada      87-0430944   

L-3 Domestic Holdings, Inc.

   Delaware      45-3795216   

L-3 Fuzing and Ordnance Systems, Inc.

   Delaware      31-0740721   

L-3 Unidyne, Inc.

   Delaware      45-3795033   

L-3 Unmanned Systems, Inc.

   Texas      75-2715474   

Pac Ord Inc.

   Delaware      23-2523436   

Power Paragon, Inc.

   Delaware      33-0638510   

SPD Electrical Systems, Inc.

   Delaware      23-2457758   

SPD Switchgear, Inc.

   Delaware      23-2510039   

 

600 Third Avenue

New York, New York

(Address of principal executive offices)

 

10016

(Zip code)

 

 

Debt Securities

and Guarantees of Debt Securities

(Title of the indenture securities)

 

 

 

 

 

- 2 -


1. General information. Furnish the following information as to the trustee:

(a) Name and address of each examining or supervising authority to which it is subject.

 

 

       
  

                     Name                            

                          Address                         
                
  

Comptroller of the Currency

United States Department of the Treasury

      Washington, DC 20219
  

Federal Reserve Bank

      San Francisco, CA 94105
  

Federal Deposit Insurance Corporation

      Washington, DC 20429

(b) Whether it is authorized to exercise corporate trust powers.

Yes.

 

2. Affiliations with Obligor.

If the obligor is an affiliate of the trustee, describe each such affiliation.

None.

 

16. List of Exhibits.

 

     Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the “Act”) and 17 C.F.R. 229.10(d).

 

  1. A copy of the articles of association of The Bank of New York Mellon Trust Company, N.A., formerly known as The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152875).

 

  2. A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).

 

  3. A copy of the authorization of the trustee to exercise corporate trust powers (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-152875).

 

  4. A copy of the existing by-laws of the trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-162713).

 

  6. The consent of the trustee required by Section 321(b) of the Act (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-152875).

 

  7. A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.

 

- 3 -


SIGNATURE

Pursuant to the requirements of the Act, the Trustee, The Bank of New York Mellon Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Chicago, and State of Illinois, on the 15th day of June, 2016.

 

THE BANK OF NEW YORK MELLON

TRUST COMPANY, N.A.

By:   /s/ Lawrence M. Kusch
Name:   Lawrence M. Kusch
Title:   Vice President

 

 

 

 

- 4 -


EXHIBIT 7

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

of 400 South Hope Street, Suite 500, Los Angeles, CA 90071

At the close of business March 31, 2016, published in accordance with Federal regulatory authority instructions.

 

               Dollar amounts
in thousands
 
ASSETS       
Cash and balances due from depository institutions:       

Noninterest-bearing balances and currency and coin

     3,785   

Interest-bearing balances

     377,955   
Securities:       

Held-to-maturity securities

     0   

Available-for-sale securities

     616,663   
Federal funds sold and securities purchased under agreements to resell:       

Federal funds sold

     0   

Securities purchased under agreements to resell

     0   
Loans and lease financing receivables:       

Loans and leases held for sale

     0   

Loans and leases, net of unearned income

    0        

LESS: Allowance for loan and lease losses

    0        

Loans and leases, net of unearned income and allowance

     0   

Trading assets

     0   

Premises and fixed assets (including capitalized leases)

     10,952   

Other real estate owned

     0   

Investments in unconsolidated subsidiaries and associated companies

     0   

Direct and indirect investments in real estate ventures

     0   
Intangible assets:       

Goodwill

     856,313   

Other intangible assets

     70,697   

Other assets

     121,423   
      

 

 

 

Total assets

   $ 2,057,788   
LIABILITIES       
Deposits:       

In domestic offices

     509   

Noninterest-bearing

    509        

Interest-bearing

    0        

Not applicable

      
Federal funds purchased and securities sold under agreements to repurchase:       

Federal funds purchased

     0   

Securities sold under agreements to repurchase

     0   

Trading liabilities

     0   
Other borrowed money:       

(includes mortgage indebtedness

and obligations under capitalized

leases)

     0   
Not applicable       
Not applicable       

Subordinated notes and debentures

     0   

Other liabilities

     289,496   

Total liabilities

     290,005   
Not applicable       

 

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             Dollar amounts
in thousands
 
EQUITY CAPITAL       

Perpetual preferred stock and related surplus

     0   

Common stock

         1,000   

Surplus (exclude all surplus related to preferred stock)

         1,122,532   
Not available       

Retained earnings

         643,735   

Accumulated other comprehensive income

         516   

Other equity capital components

         0   
Not available       

Total bank equity capital

         1,767,783   

Noncontrolling (minority) interests in consolidated subsidiaries

         0   

Total equity capital

         1,767,783   
      

 

 

 

Total liabilities and equity capital

         2,057,788   

I, Matthew J. McNulty, CFO of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.

Matthew J. McNulty    )    CFO

We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.

Antonio I. Portuondo, President    )

William D. Lindelof, Director       )     Directors (Trustees)

Alphonse J. Briand, Director         )

 

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