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Tipsheet

It's Happening: New Air Force One Planes Are on the Way

After months of negotiation to bring down costs, President Trump has struck a deal with Boeing and new Air Force One airplanes are on the way.

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Shortly after the election and during the White House transition period in 2016, President Trump publicly berated Boeing for allegedly throwing unnecessary costs into the contracts for the new planes, saying the company was "doing a number" on taxpayers.

"Well the plane is totally out of control, it's going to be over $4 billion for Air Force One program," Trump said to reporters at Trump Tower in December 2016. "I think it's ridiculous, I think Boeing is doing a little bit of a number. We want Boeing to make a lot of money, but not that much money."

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In terms of the discrepancy between $5 billion and $4 billion, Trump was reportedly given bad information about the total cost.

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