Lockheed Martin plans supersonic business jet
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Title : Lockheed Martin plans supersonic business jet
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Title : Lockheed Martin plans supersonic business jet
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news-today.world | 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.
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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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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