Word: hsct
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Dates: during 1991-1991
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...payoff could be enormous. The nation or group that successfully develops the HSCT is likely to dominate the aircraft market well into the 21st century...
...race to build what has been dubbed the High Speed Civil Transport (HSCT) is a multibillion-dollar gamble fraught with technological challenges. To be profitable, the plane will have to carry more than twice as many passengers as the Concorde, operate at higher speeds, span greater distances, use less fuel, run quieter and produce far less pollution. Can do, say the plane's advocates, though any such plane isn't likely to fly until at least the year...
...company. Aerospace firms are forming joint ventures and seeking government subsidies to foot the research bill. NASA is spending $284 million over five years to develop technologies that U.S. companies can apply to their work on the HSCT. Rival U.S. aircraft builders Boeing and McDonnell Douglas have teamed up to design an airframe, as have British Aerospace and France's Aerospatiale, the same partnership that built the Concorde. American jet-engine builder Pratt & Whitney is working closely with its nemesis, General Electric, to build a power plant that is quieter, more economical and clean burning. France's Snecma and Britain...
Like shrewd roulette players, the Japanese are spreading their money around, spending millions on overseas research projects. Since the country lacks the experience to build an HSCT on its own, the Japanese are investing "just enough in both European and American projects so they can jump in with the winner and become partners," says John Swihart, a U.S. aerospace consultant...