A Technique for Selecting Emerging Technologies for a Fleet of Commercial Aircraft to Maximize R&D Investment

A solid business case is highly dependent upon a strategic technology research and development plan in the early phases of product design. The embodiment of a strategic technology development plan is the identification and subsequent funding of high payoff technology programs that can maximize a company’s return on investment, which entails both performance and economic objectives. This paper describes a technique whereby the high payoff technologies may be identified across multiple platforms to quantitatively justify resource allocation decisions and investment opportunities. A proof of concept investigation was performed on a fleet of subsonic, commercial aircraft.