Logic Bomb writes: "Mach 5 -- 5 times the speed of sound, or 5000 mph -- is a speed that so far has eluded jet-powered aircraft (the existing record for a production craft is about mach 2.1). NASA, however, has high hopes for its latest attempt, the X-43A. Using a booster rocket, the prototype will be accelerated to mach 5, at which point its engine will be scooping enough oxygen to power the craft at those speeds on its own. Hopefully, it will fly at speeds up to almost mach 7 for 10-15 seconds before shutting off and plunging into the Pacific. An article from the Los Angeles Times has more details."
Not to be confused with the X-33 and X-34