The purpose of inlets like, for instance, those of air-cooled radiators and scoops is to take a certain air quantity out of the free stream and to partly convert the free-stream velocity into pressure. In the extreme case this pressure conversion may occur either entirely in the interior of the inlet (inlet with internal compression) or entirely in the free stream ahead of the inlet (inlet with external compression). In this report a theory for two-dimensional inlets with external compression is developed and illustrated by numerical examples. Intermediary forms between inlets with internal and external compression which can be derived from the latter are briefly discussed.