Cost overruns for the new Air Force One jets continue to pile on massive losses for Boeing. Boeing on Wednesday reported another $482 million in red ink on the contract to retrofit two 747 jets ...

WASHINGTON — Boeing’s defense unit recorded a $924 million loss in the third quarter of 2023, primarily dragged down by rising costs on its VC-25B Air Force One program.

The contract for the new Air Force One was initially awarded to Boeing in 2018, when it received a $3.9 billion contract to ...

The contract for the new Air Force One was initially awarded to Boeing in 2018, when it received a $3.9 billion contract to build two new 747-8 aircraft for use as Air Force One that were to be ...

On Tuesday, a White House official said Boeing's Air Force One program could be delayed until 2029, or beyond, citing supply chain issues and changing requirements, after White House remarks over ...

LONDON — The Air Force on Tuesday awarded a $3.9 billion contract to Boeing for two next-generation Air Force One planes.. The fixed-price firm award follows a February handshake deal between ...

Boeing was supposed to deliver a replacement for Air Force One last year, but significant delays have cost the plane maker billions on the project.

The Air Force says the decision came down to the American-made 747-8 or the Airbus A380, which is manufactured in France. But even with that pick, the 747 program might not last much longer.

Cost overruns for the new Air Force One jets continue to pile on massive losses for Boeing. Boeing on Wednesday reported another $482 million in red ink on the contract to retrofit two 747 jets ...

ABOARD AIR FORCE ONE/ WASHINGTON, Feb 19 (Reuters) - U.S. President Donald Trump said on Wednesday he was not happy with planemaker Boeing BA.N and his administration might have to go a different ...