White House Nears Air Force One Deal With Boeing

Jet City Roots Everett’s Shared History with Air Force One Continues

Jet City Roots Everett’s Shared History with Air Force One Continues

Before the tweet, Trump told reporters that the cost of Air Force One were "ridiculous".

Mr Trump has said Boeing's costs to build replacements for Air Force One aircraft - one of the most visible symbols of the United States presidency - were too high, and urged the federal government in a tweet to "cancel order!"

President Trump has struck a deal with the Boeing Company to supply the next generation of Air Force One.

The order for the new planes comes as commercial airlines in the USA have stopped flying the 747, in favor of more fuel-efficient two-engine models.

The White House credited Trump's negotiations with the aircraft manufacturer for the smaller bill in the final deal.

"The current Air Force One fleet faces capability gaps, rising maintenance costs, and parts obsolescence as it has reached the end of its planned 30-year life cycle", a White House official said.

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"President Trump negotiated a good deal on behalf of the American people", Boeing said in a tweet.

The agreement includes the two 747-800 aircraft and the cost of modifying the commercial planes with the equipment needed to support the president, including external stair, large galleys and a secure communications suite. "We want Boeing to make a lot of money, but not that much money". After that meeting, Muilenberg gave Trump his "personal commitment" that Boeing would lower costs below $4 billion.

The new aircraft will serve as an update to the ageing Air Force One 747 jets which have been in service since the senior Bush administration, reports Popular Mechanics.

"I think Boeing is doing a little bit of a number", Trump said.

Boeing CEO Dennis Muilenburg on the company's digital solutions business, the government's potential boost to defense spending, the Iran nuclear deal and the company's investment in STEM programs. When that deal fell through, the Air Force acquired the aircraft at a slightly discounted price.

The White House now says the original cost estimate was actually over US$5b for the two airplanes and development program. It is not clear if the new deal is an extension of this plan or if Boeing will build two new 747s from the ground up. The company is a major defense contractor with about $26 billion worth of sales from USA government contracts in 2015, which amounted to 27% of its annual revenue.

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