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Tuesday, December 19, 2017

Lockheed Martin plans supersonic business jet

Bethesda-based Lockheed Martin Corporation has signed a memorandum of understanding with Las Vegas-based Aerion Corporation that could bring a supersonic business jet Aerion has been developing to market within seven years.

WASHINGTON — Bethesda-based Lockheed Martin Corporation has signed a memorandum of understanding with Las Vegas-based Aerion Corporation that could bring a supersonic business jet Aerion has been developing to market within seven years.

Aerion has developed advanced aerodynamics and structural designs of its AS2 through a previous engineering collaboration agreement with Airbus. That led to Aerion’s preliminary wing and airframe designs, systems layout and preliminary fly-by-wire flight control system for the AS2.

Under the one-year Lockheed partnership, the two will develop a framework for further development of the AS2, including engineering, certification and production.

“Following our initial review of Aerion’s aerodynamic technology, our conclusion is that the Aerion AS2 concept warrants the further investment of our time and resources,” said Orlando Carvalho, executive vice president of Lockheed Martin Aerodynamics.

Separately, Bloomberg News reported Friday that Aerion would sell up to $200 million in debt to fund the jet’s design phase.

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4 comments:

Anonymous said...

Why are we going backwards with TECH and claim it is new??? We had super sonic jets once before, that would fly to France and back... They got rid of it becasue it was to fast or got people to where they needed to go on time, something the airlines don't wish to have happen apparently...

Anonymous said...

First passenger, Nancy Pelosi, at government expense, of course.

Anonymous said...

8:17 RIGHT ON !!! She Never Paid back Govt for the
last ones she Wrongfully used !!!! Lock her UP !!!!

Anonymous said...

They got rid of the Concord because it never made a profit. Why? It was much more expensive to run, couldn't carry as many passengers, and shockingly, consumers go for the cheapest options.