News

Boeing has announced a “significant investment” in the Aerion supersonic business jet, and appears to be a closer tie than Aerion’s previous partners, Airbus and Lockheed Martin.  Financial terms of the investment were not disclosed, but it was expected that Boeing would provide Aerion with engineering, manufacturing, and flight test resources, as well as “strategic vertical content.”

Analysis

Boeing will be the fourth major partner for Aerion, joining GE, who will produce the Affinity engine for the supersonic business jet.   The history, with both Airbus and Lockheed Martin having a very close look at the technology and potential market and terminating their relationships, suggests that either the technology or management team is not up to speed.  Just a few months ago, at NBAA, Aerion was touting its partnership with Lockheed Martin.  Today, it has apparently found a new partner / financier.

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