EX-25.1 10 a2145287zex-25_1.htm EXHIBIT 25.1

Exhibit 25.1

 

 

FORM T-1

 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

 

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)   
o

 


 

BNY MIDWEST TRUST COMPANY
(formerly known as CTC Illinois Trust Company)
(Exact name of trustee as specified in its charter)

 

Illinois

36-3800435

(State of incorporation
if not a U.S. national bank)

(I.R.S. employer
identification no.)

 

 

2 N. LaSalle Street
Suite 1020 Chicago, Illinois

60602

(Address of principal executive offices)

(Zip code)

 


 

ALLIANT TECHSYSTEMS INC.
(Exact name of obligor as specified in its charter)

Delaware

41-1672694

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

ATK COMMERCIAL AMMUNITION COMPANY INC.
(Exact name of obligor as specified in its charter)

Delaware

41-2022465

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 



 

ATK ELKTON LLC
(Exact name of obligor as specified in its charter)

Delaware

72-1556523

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

ATK INTERNATIONAL SALES INC.
(Exact name of obligor as specified in its charter)

Delaware

81-0556300

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

ATK MISSILE SYSTEMS COMPANY LLC
(Exact name of obligor as specified in its charter)

Delaware

48-1280912

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

ATK ORDNANCE AND GROUND SYSTEMS LLC
(Exact name of obligor as specified in its charter)

Delaware

41-1933906

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

ATK TACTICAL SYSTEMS COMPANY LLC
(Exact name of obligor as specified in its charter)

Delaware

41-1933914

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

ATK THIOKOL INC.
(Exact name of obligor as specified in its charter)

Delaware

36-2678716

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 



 

ALLIANT AMMUNITION SYSTEMS COMPANY LLC
(Exact name of obligor as specified in its charter)

Delaware

41-1955360

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

ALLIANT AMMUNITION AND POWDER COMPANY LLC
(Exact name of obligor as specified in its charter)

Delaware

41-1933912

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

ALLIANT HOLDINGS LLC
(Exact name of obligor as specified in its charter)

Delaware

41-1933904

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

ALLIANT LAKE CITY SMALL CALIBER AMMUNITION

COMPANY LLC

(Exact name of obligor as specified in its charter)

Delaware

41-1955357

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

ALLIANT SOUTHERN COMPOSITES COMPANY LLC

(Exact name of obligor as specified in its charter)

Delaware

41-1933909

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)


AEC – ABLE ENGINEERING COMPANY, INC.
(Exact name of obligor as specified in its charter)

California

95-2964846

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 



 

AMMUNITION ACCESSORIES INC.
(Exact name of obligor as specified in its charter)

Delaware

63-1287464

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

COMPOSITE OPTICS, INCORPORATED
(Exact name of obligor as specified in its charter)

California

95-2998672

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

FEDERAL CARTRIDGE COMPANY
(Exact name of obligor as specified in its charter)

Minnesota

41-0252320

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

GASL, INC.
(Exact name of obligor as specified in its charter)

New York

11-3283008

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

MICRO CRAFT INC.
(Exact name of obligor as specified in its charter)

Tennessee

62-0601440

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

MISSION RESEARCH CORPORATION
(Exact name of obligor as specified in its charter)

California

95-2659854

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 



 

NEW RIVER ENERGETICS, INC.
(Exact name of obligor as specified in its charter)

Delaware

54-1776594

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

PRESSURE SYSTEMS, INC.
(Exact name of obligor as specified in its charter)

Delaware

33-0517898

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

PROGRAMMED COMPOSITES INC.
(Exact name of obligor as specified in its charter)

California

33-0101510

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

THIOKOL TECHNOLOGIES INTERNATIONAL, INC.
(Exact name of obligor as specified in its charter)

Delaware

87-0543273

(State or other jurisdiction of
incorporation or organization)

(I.R.S. employer
identification no.)

 

 

5050 Lincoln Drive
Edina, Minnesota

55436

(Address of principal executive offices)

(Zip code)

 


 

3.00% Convertible Senior Subordinated Notes due 2024
(Title of the indenture securities)

 

 



 

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

Office of Banks & Trust Companies of
the State of Illinois

 

500 E. Monroe Street
Springfield, Illinois 62701-1532

 

 

 

Federal Reserve Bank of Chicago

 

230 S. LaSalle Street
Chicago, Illinois 60603

 

(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.

 

1.                                       A copy of Articles of Incorporation of BNY Midwest Trust Company (formerly CTC Illinois Trust Company, formerly Continental Trust Company) as now in effect. (Exhibit 1 to Form T-1 filed with the Registration Statement No. 333-47688.)

 

2,3.                              A copy of the Certificate of Authority of the Trustee as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 2 to Form T-1 filed with the Registration Statement No. 333-47688.)

 

4.                                       A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with the Registration Statement No. 333-47688.)

 

6.                                       The consent of the Trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with the Registration Statement No. 333-47688.)

 

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.

 

2



 

SIGNATURE

 

 

Pursuant to the requirements of the Act, the Trustee, BNY Midwest Trust Company, a corporation organized and existing under the laws of the State of Illinois, 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 26th day of October, 2004.

 

 

 

BNY Midwest Trust Company

 

 

 

 

 

By:

          /S/

J. BARTOLINI

 

 

Name:

J. BARTOLINI

 

Title:

VICE PRESIDENT

 

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OFFICE OF BANKS AND REAL ESTATE
Bureau of Banks and Trust Companies

 

CONSOLIDATED REPORT OF CONDITION
OF

 

BNY Midwest Trust Company
2 North LaSalle Street
Suite 1020
Chicago, Illinois  60602

 

Including the institution’s domestic and foreign subsidiaries completed as of the close of business on June 30, 2004, submitted in response to the call of the Office of Banks and Real Estate of the State of Illinois.

 

 

 

 

 

Thousands of Dollars

 

 

 

 

 

(000)

 

ASSETS

 

 

 

 

 

 

 

 

 

 

 

1.     Cash and Due from Depository Institutions

 

 

 

40,186

 

 

 

 

 

 

 

2.     U.S. Treasury Securities

 

 

 

- 0 -

 

 

 

 

 

 

 

3.     Obligations of States and Political Subdivisions

 

 

 

- 0 -

 

 

 

 

 

 

 

4.     Other Bonds, Notes and Debentures

 

 

 

- 0 -

 

 

 

 

 

 

 

5.     Corporate Stock

 

 

 

- 0 -

 

 

 

 

 

 

 

6.     Trust Company Premises, Furniture, Fixtures and Other Assets Representing Trust Company Premises

 

 

 

658

 

 

 

 

 

 

 

7.     Accounts Receivable

 

 

 

5,039

 

 

 

 

 

 

 

8.     Goodwill

 

 

 

86,813

 

 

 

 

 

 

 

9.     Intangibles

 

 

 

-0-

 

 

 

 

 

 

 

10.   Other Assets

 

 

 

4,166

 

 

 

 

 

 

 

(Itemize amounts greater than 15% of Line 10)

 

 

 

 

 

 

 

 

 

 

 

Income Taxes Receivable

 

4,109

 

 

 

 

 

 

 

 

 

11.   TOTAL ASSETS

 

 

 

136,862

 

 

1



 

 

 

 

 

Thousands of Dollars

 

LIABILITIES

 

 

 

 

 

 

 

 

 

 

 

12.   Accounts Payable

 

 

 

2

 

 

 

 

 

 

 

13.   Taxes Payable

 

 

 

0

 

 

 

 

 

 

 

14.   Other Liabilities for Borrowed Money

 

 

 

25,425

 

 

 

 

 

 

 

15.   Other Liabilities

 

 

 

 

 

 

 

 

 

 

 

(Itemize amounts greater than 15% of Line 14)

 

 

 

10,529

 

 

 

 

 

 

 

Reserve for Taxes

 

10,075

 

 

 

 

 

 

 

 

 

16.  TOTAL LIABILITIES

 

 

 

35,956

 

 

 

 

 

 

 

EQUITY CAPITAL

 

 

 

 

 

 

 

 

 

 

 

17.   Preferred Stock

 

 

 

- 0 -

 

 

 

 

 

 

 

18.   Common Stock

 

 

 

2,000

 

 

 

 

 

 

 

19.   Surplus

 

 

 

67,130

 

 

 

 

 

 

 

20.   Reserve for Operating Expenses

 

 

 

- 0 -

 

 

 

 

 

 

 

21.   Retained Earnings (Loss)

 

 

 

31,776

 

 

 

 

 

 

 

22.  TOTAL EQUITY CAPITAL

 

 

 

100,906

 

 

 

 

 

 

 

23.  TOTAL LIABILITIES AND EQUITY CAPITAL

 

 

 

136,862

 

 

2



 

I,   Robert L. DePaola, Vice President

(Name and Title of Officer Authorized to Sign Report)

of BNY Midwest Trust Company certify that the information contained in this statement is accurate to the best of my knowledge and belief.  I understand that submission of false information with the intention to deceive the Commissioner or his Administrative officers is a felony.

 

 

/s/ Robert L. DePaola

 

(Signature of Officer Authorized to Sign Report)

 

 

Sworn to and subscribed before me this 23rd day of January, 2004.

 

My Commission expires May 15, 2007.

 

 

/s/ Joseph A. Giacobino

, Notary Public

 

(Notary Seal)

 

 

Person to whom Supervisory Staff should direct questions concerning this report.

 

Emmie Chan

 

Assistant Treasurer

 

Name

 

Title

 

 

 

 

 

(212) 437-5639

 

 

 

Telephone Number (Extension)

 

 

 

 

 

 

 

eychan@bankofny.com

 

 

 

E-mail

 

 

 

 

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