Boeing is working with Elon Musk to deliver Air Force One replacements sooner
Boeing is working with Trump advisor Elon Musk on ways to deliver delayed, overbudget Air Force One replacements sooner, CEO Kelly Ortberg said Tuesday.
Boeing is working with Trump advisor Elon Musk on ways to deliver delayed, overbudget Air Force One replacements sooner, CEO Kelly Ortberg said Tuesday.
The pair of Boeing 747s that will serve as the next Air Force One aircraft are more than $2 billion over budget and years late, which the company has attributed to design changes, labor constraints and supply chain problems. President Donald Trump struck a deal for the aircraft during his first term, after threatening to “cancel order!” before he took office in 2017, complaining about high costs.
“We’ve been engaged with Elon” on the Air Force One program to eliminate costs and deliver the aircraft earlier, Ortberg said in an interview with CNBC’s Phil Lebeau on “Squawk on the Street” on Tuesday, after Boeing released full-year results and its 2025 outlook.
It is not clear whether the aircraft will be delivered before Trump’s current term is up. An Air Force spokesperson told CNBC that an updated delivery schedule from Boeing is expected in the spring.
Trump cut a cake adorned with a model of Air Force One — in a new paint scheme — with a sword at his Jan. 20 inaugural ball.
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