The thermomechanical characteristics were evaluated for 17-4PH stainless steel widely used in supersonic airframe subjected to both aerodynamic loading and heating. The thermomechanical tests were conducted under both elevated temperature and rapid heating condition from $1^{circ}C/sec;to;28^{circ}C/sec$. The thermomechanical behaviors under rapid heating were compared with those of elevated temperature after 1/2 hour exposure in terms of yield stress to investigate the influence of heating rates. A heating rate-yield temperature parameter was suggested for rapid heating based on time-temperature parameters, and master yield stress curve was obtained by using these parameters. The experimental results and methodology from this study can be used as basic engineering data when designing supersonic vehicle structures subjected to aerodynamic loading and severe heating environment.