An innovative approach to gas turbine design involves mounting compressor and turbine blades to an outer rotating shell. Designated the exoskeletal engine, compression (preferable to tension for high-temperature ceramic materials, generally) becomes the dominant blade force. Exoskeletal engine feasibility lies in the structural and mechanical design (as opposed to cycle or aerothermodynamic design), so this study focused on the development and assessment of a structural-mechanical exoskeletal concept using the Rolls-Royce AE3007 regional airliner all-axial turbofan as a baseline. The effort was further limited to the definition of an exoskeletal high-pressure spool concept, where the major structural and thermal challenges are represented. The mass of the high-pressure spool was calculated and compared with the mass of AE3007 engine components. It was found that the exoskeletal engine rotating components can be significantly lighter than the rotating components of a conventional engine. However, bearing technology development is required, since the mass of existing bearing systems would exceed rotating machinery mass savings. It is recommended that once bearing technology is sufficiently advanced, a "clean sheet" preliminary design of an exoskeletal system be accomplished to better quantify the potential for the exoskeletal concept to deliver benefits in mass, structural efficiency, and cycle design flexibility.