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Siemens-Airbus Team to Develop Hybrid Electric Propulsion System for Passenger Planes

partnershipTYSONS CORNER, VA, April 12, 2016 — Siemens has partnered with Airbus on the development of a hybrid electric propulsion system for passenger aircraft that could drive efforts to reduce noise and fuel consumption, ExecutiveBiz reported Monday.

Airbus said Thursday a joint team of 200 employees will work on the project in preparation for technical demonstrations scheduled for 2020.

The project aims to provide the hybrid propulsion system to small passenger planes by 2030, the company added.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

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