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Magazine Issue

Aerospace Daily & Defense Report, November 17, 2014

VOL. 250 NO. 31 November 17, 2014

Programs

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No ‘Bolters’ Thus Far In F-35C Carrier Tests

Nov 18, 2014
ONBOARD THE USS NIMITZ—The F-35C’s inaugural at-sea trials on the USS Nimitz have completed most testing points ahead of schedule, allowing for another aviation first during this deployment. Lt. Cdr. Ted “Dutch” Dykman conducted the first catapult launch in darkness using CF-03. He took off from the Nimitz at 6:01 p.m. local time, conducted a series of planned touch-and-go manuevers on deck and conducted the first arrested landing at night at 6:40 p.m.

SpeedNews Defense & Space

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SpeedNews Defense & Space

Nov 18, 2014
AIRBUS GROUP had €264m net income on €13.3b revenues in 3Q14 vs. €445m on €13.2b in 3Q13, and has €765.4b backlog, up 12% from January 1; AIRBUS DEFENSE & SPACE earned €147m on €2.7b vs. €140m on €2.8b. CAE had C$42.9m net income on C$529.4m revenues in second quarter ended September 30 vs. C$38.3m on C$478.2m a year ago; Defense and Security business earned C$25.6m on C$209.1m vs C$25.2m on C$191.1m, and has backlog of C$2.4b vs. C$2.44b.

Funding & Policy

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Dep Secdef Mobilizes Defense Business Board To Find Savings

Nov 18, 2014
U.S. Deputy Defense Secretary Bob Work is making the Defense Business Board and deputy chief management officer for the Pentagon “an operational arm” under ongoing reforms to acquisition, business operations and technology efforts. Referring to a 20% cut to headquarters and upper management levels that Defense Secretary Chuck Hagel unveiled last year, Work said after the mandate was announced each agency or armed service was allowed to decide how to implement it.
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New Pentagon Strategy For Technological Superiority Expected

Nov 18, 2014
The so-called “Third Offset,” a Pentagon strategy for pursuing and developing new military technologies to overcome the likes of China and Russia, could be formally unveiled on Nov. 15.
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USAF Punishes Former Top General Over Defunct Airship Project

Nov 18, 2014
The so-called “Third Offset,” a Pentagon strategy for pursuing and developing new military technologies to overcome the likes of China and Russia, could be formally unveiled on Nov. 15.
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Time Ripe For Better U.S.-China Relations, CSIS Says

Nov 18, 2014
While U.S. and Chinese military forces continue to spar in the Asia-Pacific region, now may be the best time for the countries’ political leaders to forge a better relationship, says a regional expert for the Center for Strategic and International Studies. That is because President Barack Obama is meeting this month with Xi Jinping, general secretary of the Communist Party of China, and the president of the People’s Republic of China.

Business

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Investor Sees Possible Big Payoff In Small Surface Boat

Nov 18, 2014
While Wall Street continues to count the costs of U.S. defense investments in traditional contractors with established programs, Avalon Ventures is betting that Juliet Marine Systems’ new Ghost small-attack craft is worth the gamble. Resembling something akin to a sea-skimming F-117, the boat seems to answer a Pentagon need with features that appear to have caught top-ranking U.S. Navy eyes, says Kevin Kinsella, founder of Avalon, the effort’s chief investor.
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Airbus A400M Woes Could Affect 2014 Results

Nov 18, 2014
LONDON – Airbus Defense and Space enjoyed increased orders in the first nine months of 2014, but the company says it is struggling to overcome delays in bringing new tactical capabilities to the A400M airlifter. Orders increased by 15% over 2013, to €8.23 billion ($10.24 billion) compared to €7.12 billion in 2013, but revenues were down slightly by 2.2%, Airbus Group CFO Harald Wilhelm told investors Nov. 14.

Operations

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Swedish Government Reveals Submarine Hunt Evidence

Nov 18, 2014
LONDON – The Swedish defense ministry has revealed evidence it believes conclusively proves that a foreign submarine violated its territorial waters in October. Imagery from underwater sensors, photographs taken from on land and a number of sonar echoes in the area have been closely analyzed and show that an underwater craft had been operating in the waters around the Stockholm archipelago, Swedish officials said Nov. 14.

Calendar of Events

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Upcoming Events

Nov 18, 2014
To list an event, send information in calendar format to Donna Thomas at [email protected]. (Bold type indicates new calendar listing.) NOV. 17-19 — Mine Countermeasures, London, United Kingdom. For more information go to www.minecountermeasures.com/ NOV. 18-19 — International Fighter, Pestana Chelsea Bridge Hotel, London, United Kingdom. For more information go to www.international-fighter.com/