BRIEF-Moody's says A400M, A350 strain EADS operating profile

PARIS, July 13 (Reuters) - EADS (EAD.PA): * Robert Jankowitz, Senior Vice President, Moody's, says in a report: * Potential cash costs for the delayed A400M military transport airplane and high development spending on the new A350XWB strain an operating profile already affected negatively by the lengthy and expensive roll-out of the A380 jumbo jet. * Although part of the substantial backlog is increasingly fragile, the majority is for the profitable A320 type. There is some flexibility as cash is expected to exceed reported debt and the total backlog is about EUR 400 billion. * The operating margin is weak for the rating category although progress on cost reduction programs, increased outsourcing, the establishment of EADS Shared Services and risk sharing have helped stabilize the margin. * Expectation of support from the French state is reflected in the A1 rating.