In this regard a new company with a fresh idea with backing by defense contractor Grumman is worth ones attention. The bottom line is this. Will Northrop Grumman go into commercial aviation?
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Will Northrup Grumman Go Into Commercial Aviation?
2. There are two commercial aviation giants, Americas
Boeing and British and French Airbus. Others like
Brazil with Embraer, China with Comac C919, and
Russia with Sukhoi Superjet are either niche players or
simply have not broken into the market. It takes a lot
of time and a lot of money to compete against Boeing
and Airbus.
3. For commercial air carriers to buy a new jet from a new
company they need to be convinced that all of the
trouble and expense will be worth it. In this regard a
new company with a fresh idea with backing by
defense contractor Grumman is worth ones attention.
The bottom line is this. Will Northrop Grumman go
into commercial aviation?
5. There is a new aviation startup and they have substantial
financial and technical backing including from
defense giant Northrup Grumman. JetZeros triangle-
shaped jet even has funding of $235 million from the
Pentagon. It would seem that knowledgeable folks are
backing this. Why is a triangular jet a good idea?
6. With few exceptions, airplanes have been designed for
more than a century along the same lines. Wilber and
Orville Wright flew at Kitty Hawk with a plane that
had a long body with wings and a tail with a rudder,
vertical stabilizers, horizontal stabilizers, and
elevators. Passenger jets today have the same general
design.
7. The folks who want to make a triangular jet say that you
do not need all of that stuff back at the tail and that it
is just extra weight. They contend that their triangular
design will result in half the fuel being used to get
people from here to there.
9. JetZero says that the triangular jet will be quieter as well
as more fuel efficient. The body of the plane itself will
be designed to provide lift and not just the wings.
Because the body of the jet will be wider, it will use its
interior space more efficiently. The jet will be lighter
than a standard model with comparable seating
capacity.
11. The concept of what is essentially a flying wing goes
back to Germany and airplane designer Hugo Junkers.
More recently the B-2 stealth bomber uses this idea.
13. The maker of the B-2, interestingly enough, is Northrup
Grumman. While both Airbus and Boeing have looked
at similar concepts they are not making this idea any
sort of priority. Meanwhile JetZero is. They are nearly
ready for test flights of a one-eighth scale model of
this plane. Their target for having a full scale model
ready for test flights is four years from now.
16. It takes deep pockets like those of Boeing and Airbus to
design, build, and move a new airplane through as
long as a decade of testing to achieve certification in
the US and elsewhere. That is time when a company is
spending money without any sales. Once a jet has
been approved by the FAA and others the company
needs to build assembly lines, set up a supply chain,
and convince airlines around the world to add one
more type of airplane to their fleet.
17. A new triangular jet will use dual engines to do what the
tail assembly does on standard jets. This means a
whole different kind of flying and training. Will pilots
be cross trained to fly both types or will a whole new
breed of pilot be required? Here is where having
Pentagon backing and Northrup Grummans money
and technology are important.
19. Airbus is looking at hydrogen propulsion that could
eventually be used for a flying wing. However, neither
Boeing nor Airbus is planning to do much more work
on these ideas well into the next decade. However,
JetZero is pushing forward with help from Northrup
Grumman.
20. Other small aviation companies are working on air taxis
and similar smaller planes but nobody but JetZero and
Northrup Grumman are working toward a triangular
jet to be carrying passengers in the 2030s. Pentagon
likes the greater range of this kind of light weight and
fuel efficient plane for military purposes.
21. It remains to be seen if Northrup Grumman is only in
this for the planes potential use as a military asset like
the B-2. Or will Northrup Grumman go into
commercial aviation and compete head to head with
Boeing and Airbus?
22. For more insights and useful information about
investments and investing, visit
www.ProfitableInvestingTips.com.