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Aerospace Daily & Defense Report, December 2, 2014 is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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Magazine Issue

Aerospace Daily & Defense Report, December 2, 2014

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Programs

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Israel Reduces F-35 Buy — At Least For Now

Dec 02, 2014
In a rare reversal of the national security establishment, the Israeli government has decided to decrease the planned procurement of F-35A Joint Strike Fighters from 50 to 33 aircraft in the coming years.
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A400M Capability Delays Won’t Affect U.K. Operations

Dec 02, 2014
RAF BRIZE NORTON, U.K. — The U.K. Royal Air Force now looks unlikely to receive all four of the Airbus A400M airlifters it had planned on by the end of this year. A series of technical issues and a longer-than-expected acceptance process for the first of the new transport aircraft, delivered to the main operating base at Brize Norton on Nov. 17 means that delivery of the fourth aircraft, and possibly the third, may now take place early next year.
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Germany Moves Toward Finalizing Helicopter Deal

Dec 02, 2014
LONDON – The German government has started preliminary work on closing a long-awaited deal for new utility and attack helicopters. The German ministry of defense has submitted plans for the procurement of NH90 utility helicopters for both the German army and navy as well Tiger attack helicopters, to the country’s ministry of finance. The deal is due to be discussed by the budget committee of the Bundestag in the coming weeks, according to information released by the German defense ministry on Nov. 27.
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Korean Airlines, Boeing Aiming To Take Over KF-X

Dec 02, 2014
Boeing and Korean Airlines are in contention for South Korea’s proposed KF-X fighter program, aiming to usurp Korea Aerospace Industries (KAI) and an indigenous stealth fighter design. Boeing is offering the F/A-18E/F Super Hornet for the program, industry officials say. The proposal must include substantial local manufacturing and upgrades, since South Korea’s major reason for developing the KF-X is to advance its industry.
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New Avic JL-9 Export Version Due To Fly In Mid-2015

Dec 02, 2014
BEIJING – The latest export development of Avic’s JL-9 supersonic trainer is due to fly in mid-2015, with the manufacturer moving into production of parts and assemblies for the first aircraft. This improved version, given the export designation FTC-2000G, has been approved for sale abroad, reports International Aviation, the Chinese partner magazine of Aviation Week.

SpeedNews Defense & Space

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SpeedNews Defense & Space

Dec 02, 2014
ISRAEL AEROSPACE INDUSTRIES had US$4m net income on US$934m sales in 3Q14 vs. $31m on $930m in 3q13. DASSAULT AVIATION bought back 8% of its share capital for €794m from AIRBUS GROUP, which now owns 38.32% (42.11% following cancellation by Dassault Aviation of 9% of treasury shares). Airbus is expected to sell back additional shares in 2015. THALES appointed M. Philippe Logak as acting chairman and CEO, following the resignation of Jean-Bernard Levy.

Business

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Airbus Starts Selling Dassault Aviation Stake

Dec 02, 2014
Airbus has started selling off its share of French combat aircraft and business jet manufacturer Dassault Aviation. The company sold 4% of its share in Dassault back to its majority holder GIMD (Groupement Industriel Marcel Dassault) after trading in Paris closed on Nov. 28. The deal raised €794 million ($987 million) with the share valued at €980 per share, roughly a 9.2% discount over the last trading price of the day, according to Dassault.

Funding & Policy

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Orion Test Flight Scheduled; HASC Takes Up Third Offset Discussion

Dec 02, 2014
NASA is in the final stages of preparation for Exploration Flight Test-1, the first flight of an uncrewed Orion spacecraft, which is set to lift off from Kennedy Space Center in Florida on Thursday morning.
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Private Firms May Be Allowed To Build Rockets In India

Dec 02, 2014
NEW DELHI – India plans to assemble a consortium of private firms and state-run enterprises to make rockets and satellites in partnership with the country’s space agency over the next five years. Since its inception in the 1960s, the state-owned Indian Space Research Organization (ISRO) has been the sole producer of satellites and launch vehicles, besides procuring subsystems and components from the private sector and state-run companies.

Contracts

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Selected U.S. military contracts for the week of Nov. 24 - 28, 2014

Dec 02, 2014
Selected U.S. military contracts for Nov. 24, 2014 U.S. NAVY