President Donald Trump has struck an “informal deal” with Boeing for two new Air Force One planes.
“President Trump has reached an informal deal with Boeing on a fixed price contract for the new Air Force One Program. Thanks to the president’s negotiations, the contract will save the taxpayers more than $1.4 billion,” Deputy Press Secretary Hogan Gidley told Fox News on Tuesday.
The deal reached is valued at $3.9 billion, which means a savings of $1.4 billion from the estimates of over $5 billion for the two planes, according to administration officials.
Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!
— Donald J. Trump (@realDonaldTrump) December 6, 2016
During the transition in Dec. 2016, the then-president-elect threatened to cancel the plane order because the costs were “out of control.” – READ MORE
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