The American Institute of Aeronautics and Astronautics is conducting a competition for the design of a large air tanker open to undergraduate AIAA branches or at-large Student Members. They will be competing for prizes ranging from $500 for first place to $125 for third.
The purpose-built air tanker in this design competition will have a crew of two pilots, 5,000 gallon retardant capacity, 2,500 nm ferry range, dash speed of 300 knots, and will be powered by turbofan or turboprop engines.
The winners will be announced in August of 2016. It will be interesting to see what they come up with.
Thanks and a tip of the hat go out to bean.