In a 2002 AIAA paper, Jackson and Hildreth proposed using XML to exchange flight dynamic models [Jackson02]. This paper gave outlines for how such a standard could be accomplished, and provided a business justification for pursuing such a goal.
This proposal includes several key aspects from the draft standard, including allowing use of the AIAA variable name convention, data table schema, and including traceability for each data point back to a referenced document or change order.