Cost of developing a new aircraft
Gents,
does anyone have links or can point me in the direction of any resources around the costs of developing different types of new aircraft?
The question I'm seeking to answer is where the largest element of cost is incurred, before reaching break-even.
Obviously this will vary tremendously based on mission (i.e. are you designing a subsonic airliner, versus something like Concorde).
But I assume there are some broad principles that apply?
Prompted in part by studying the principle of net present value of projects, and someone who said that flight testing and certification is a hideously expensive part of any project...