Honeywell Aerospace will supply its new Anthem integrated flight deck for the five seat vehicle and BAE Systems is develop a fly-by-wire flight control system.
Honeywell's annual Global Business Aviation Outlook calls for 8,500 new private jet deliveries over the next 10 years, worth an approximate $274 billion.
Sabrewing plans to use Safran's Ardiden 3 turboshaft engine as part of a hybrid-electric powertrain that could deliver 1,000 nautical mile range with loads of up to 5,400 pounds.