White House to get two new Air Force One
Boeing said the delivery date for the new planes will depend on how much testing the US Air Force wants to do.
United States President Donald Trump has struck a deal with Boeing for the development of two new Air Force One planes at 3.9 billion dollars, the White House said on Tuesday, adding the President asked for the planes to be ready by 2021.
The contract for two new highly-modified 747s will be fixed price, meaning Boeing will assume any extra costs of the replacement program, unless they are driven by changes to the jets' capabilities. Since the cost to complete the program was listed as "continuing", Aboulafia said it could be reasonable to expect costs near or a little higher than $4 billion.
He added, "Cancel order!"
"Boeing is proud to build the next generation of Air Force One, providing American Presidents with a flying White House at outstanding value to taxpayers".
Fuller House creator ousted over inappropriate behavior
TV after the studio allegedly received a letter written by the Fuller House writers/staffers detailing his behavior. Netflix hit " Fuller House " is family friendly on the screen, but apparently a different story behind the scenes.
Stock's Stunning Activities: Wells Fargo & Company (NYSE:WFC)
The current share price indicates that stock is -10.71% away from its one year high and is moving 20.17% ahead of its 52-week low. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Wells Fargo & Co by 0.3% during the second quarter.
Another O'Neal in LA: Shaq's Son Shareef Commits to UCLA
Arizona's loss became UCLA's gain. 247 Sports has O'Neal rated as a four-star prospect and the No. 4 player in California. His motor has been criticized at times but the skill and athleticism to play at a high level are all in place.
Prior to the negotiations between the president and Muilenburg, the contract discussions had been stuck on the issue of whether the final contract would be a fixed-price deal.
The White House said that the contract will save taxpayers more than 1.4 billion dollars. That would put the original cost estimates at more than $5 billion.
A Boeing official said the agreement covers two aircraft, "including things unique to Air Force One such as a communications suite, internal and external stairs, large galleys and other equipment".
The current Air Force One planes began service in 1990 under former President George H.W. Bush.
In December 2016, Trump had complained about the USD4 billion-plus projected cost of building a new Air Force One plane. Boeing - and Trump - likely figure that when the plans are delivered in 2024 or 2025, everyone will have forgotten about all these petty details. Boeing sells military planes and NASA rockets to the USA government, and it relies on the Export-Import Bank to help finance the sale of commercial jets to airlines around the world. The company is a major defence contractor with about 26 billion dollars worth of sales from USA government contracts in 2015, which amounted to 27 percent of its annual revenue, Fox News reported.
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