Aircraft have evolved into extremely complex systems that require adapted methodologies and tools for efficient design processes. A theoretical formulation based on exergy management is proposed for assessing the aerothermopropulsive performance of future aircraft configurations. The theoretical formulation has been numerically implemented in a FORTRAN code to postprocess Reynolds-averaged Navier-Stokes flow solutions. First, the exergy formulation is presented, and then the approach is applied to assess the performance of a simplified (two-dimensional) blended wing-body configuration with boundary-layer ingestion. The challenge of applying conventional drag/thrust bookkeeping is discussed, and the pertinence of the formulation is thereby reinforced. It is shown that this architecture wastes very little exergy in its wake/jet by exhibiting an exergy-waste coefficient lower than 3% in steady flight. Finally, heat transfer upstream of the propulsion system is found to yield an approximate 1.5% fuel saving. Overall, the benefit of the single-currency aspect of the exergy analysis is highlighted.rate of heat anergy supplied by conduction _ A tot = rate of total anergy generation _ A w = rate of anergy generation by shock waves _ A ϕ = rate of anergy generation by viscous dissipation _ A ∇T = rate of anergy generation by thermal mixing _ E p = boundary pressure-work rate _ E q = rate of heat energy supplied by conduction _ E u = streamwise kinetic-energy deposition rate _ E v = transverse kinetic-energy deposition rate _ E ϕ = rate of thermal-energy generation by viscous dissipation e = mass-specific internal energy F x = streamwise resultant force acting on the vehicle h i = mass-specific total enthalpy n = unit normal vector q = heat flux by conduction s = mass-specific entropy V = fluid-velocity vector, V ∞ ux, vy, wz W = aircraft weight Γ = weight-specific aircraft energy height δ = quantity relative to freestream, − ∞ ε = mass-specific flow exergy _ E m = rate of mechanical-exergy outflow _ E prop = rate of exergy supplied by the propulsion system _ E q = rate of heat exergy supplied by conduction _ E th = rate of thermal-exergy outflow τ = viscous stress tensor Φ = dissipation rate per unit volume · = time rate of change Subscripts A = aircraft surface adiab = adiabatic surface O = outer boundary P = propulsion-system surface w = wall ∞ = quantity at freestream conditions