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The United States National Aeronautical Space Agency (NASA) and Japanese Aerospace Exploration Agency (JAXA) are tying up to develop a fuel-efficient, low-noise, supersonic jet that will fill space vacated in 2003 by the Anglo-French Concorde.

JAXA had demonstrated a small supersonic aircraft last year prompting the US to seek out a Japanese collaboration. A consortium of Japanese aerospace vendors and Boeing will partake in this deal.

The deal is worth several billion US dollars.

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