A transient two-stream engine model has been developed. Individual component models developed exclusively in MATLAB/Simulink including the fan, high pressure compressor, combustor, high pressure turbine, low pressure turbine, plenum volumes, and exit nozzle have been combined to investigate the behavior of a turbofan two-stream engine. Special attention has been paid to the development of transient capabilities throughout the model, increasing physics model, eliminating algebraic constraints, and reducing simulation time through enabling the use of advanced numerical solvers. The lessening of computation time is paramount for conducting future aircraft system-level design trade studies and optimization. The new engine model is simulated for a fuel perturbation and a specified mission while tracking critical parameters. These results, as well as the simulation times, are presented. The new approach significantly reduces the simulation time.