The authors review some of the properties of the pseudoinverse and oblique pseudoinverse of a linear transformation T from one finite-dimensional inner-product space into another, and then use these properties and a theorem of Milne (1968), which states that the oblique pseudoinverse can be expressed in terms of a weak generalized inverse and two projection operators, in order to compute a mean-axis influence coefficient matrix for the dynamic analysis of an elastic body. Some eigenvalue invariance properties of the mean-axis structural dynamics equations are demonstrated, and on the simple example of a uniform beam, it is shown that the finite frequencies and mode shapes of the mean axis structural system are identical to the nonzero frequencies and mode shapes of the free structure.