The Air Force diverted what it says was excess funding from its delayed new nuclear missile program to modify a former Qatari royal jet for use as President Donald Trump’s Air Force One, the service’s top civilian said June 26.
Transforming a former Qatari royal jet into President Donald Trump’s new Air Force One will likely cost less than $400 million, the U.S. Air Force’s top civilian told lawmakers June 5.
Defense Secretary Pete Hegseth has accepted a Boeing 747-8 jet from Qatar that President Donald Trump plans to use as Air Force One, the Pentagon said May 21.
The Air Force has started planning modifications to the 747-8 to be gifted to the U.S. by Qatar into a suitable presidential transport, promising that the jet would meet all the basic requirements of the mission, Air Force Secretary Dr. Troy E. Meink said May ...
The Air Force is in talks with Boeing to modify requirements for its new VC-25B presidential aircraft in a push to get them into service by 2027.
President Donald Trump raised the possibility of major changes to the “Air Force One” replacement program the Air Force is pursuing in the face of persistent and growing delays.
The U.S. Air Force VC-25 aircraft commonly known as Air Force One is scheduled to transport former President Jimmy Carter for the final time this week for services in Georgia and Washington, D.C., before he is laid to rest Jan. 9.
Boeing lost $222 million on two key Air Force programs in the first quarter of fiscal year 2024: $128 million on the KC-46 aerial refueling tanker and $94 million on the T-7 trainer, where the total losses already exceed more than $7 billion and $1 ...
With a $482 million third-quarter charge against its Air Force One/VC-25B, Boeing is now up to $1.3 billion in losses on the project. It also lost $350 million on an unnamed satellite program and $136 million on the Navy's MQ-25 refueling drone.
Boeing’s defense business has stabilized following a series of massive quarterly losses that put the company in a precarious position, top executives said on an earnings call Jan. 25. Now, officials said they are focused on moving forward with new technology in the Boeing Defense, Space, ...
Boeing reported a $3.3 billion loss in the third quarter of 2022, driven by deepening woes in its defense business, the company announced Oct. 26. Boeing's defense, space, and security sector lost $2.8 billion in cost overruns on fixed-price development contracts.
Boeing lost more than a billion dollars on two Air Force programs in the first quarter of fiscal 2022, getting "whacked" by inflation, the pandemic, and supply chain issues, CEO David L. Calhoun said. He admitted that Boeing lowballed its bids for the fixed-price development ...
