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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsManBaby-Elect wants to cancel Boeing's "$4 Billion" Air Force One contract (it's $1.65 Billion)
President-elect Donald Trump said Tuesday that he will cancel Boeings contract to build a new Air Force One, citing out of control costs.
Trump tweeted, 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!
The current cost of the program is not, however, more than $4 billion. The Defense Department has budgeted $1.65 billion for the two planes, Reuters reported in January when Boeing won the contract.
In response to Trumps comments, Boeing said its current contract with the Air Force is just $170 million.
http://www.huffingtonpost.com/entry/trump-boeing-air-force-one_us_5846d361e4b02f60b024d331
Trump tweeted, 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!
The current cost of the program is not, however, more than $4 billion. The Defense Department has budgeted $1.65 billion for the two planes, Reuters reported in January when Boeing won the contract.
In response to Trumps comments, Boeing said its current contract with the Air Force is just $170 million.
http://www.huffingtonpost.com/entry/trump-boeing-air-force-one_us_5846d361e4b02f60b024d331
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ManBaby-Elect wants to cancel Boeing's "$4 Billion" Air Force One contract (it's $1.65 Billion) (Original Post)
Miles Archer
Dec 2016
OP
Cattledog
(5,914 posts)1. The President can't cancel it. Congress appropriates funds for the aircraft.
Wellstone ruled
(34,661 posts)2. Appears this Con Man
moved Boeing Stock for the advantage of one of his friends. If I were a CEO,I would be damn worried about this Guy costing my company major dollars.
New form of Insider Trading by the close personal friends of the Con Job liar in chief.
Initech
(100,076 posts)3. How did this asshole get elected???
former9thward
(32,006 posts)4. No its $4 billion.
A March 2016 report from the Government Accountability Office, the investigative arm of Congress, estimated the cost of the overall program at $3.21 billion, including the purchase of two aircraft.
But the GAO estimated the costs for research and development would be would be lower, at just under $2 billion. If the GAO report used the same Air Force estimate for research and development, then its estimate would be around $4 billion.
http://www.reuters.com/article/us-usa-trump-airplane-idUSKBN13V1S5
But the GAO estimated the costs for research and development would be would be lower, at just under $2 billion. If the GAO report used the same Air Force estimate for research and development, then its estimate would be around $4 billion.
http://www.reuters.com/article/us-usa-trump-airplane-idUSKBN13V1S5
Kingofalldems
(38,458 posts)7. Trump ininsuated there was one aircraft.
Sorry you didn't notice that.
former9thward
(32,006 posts)11. The OP said it was $1.65 Billion.
Sorry you didn't notice that.
0rganism
(23,954 posts)5. so he cancels it, spends $2 billion upgrading his own jet, and then tells us he saved $2 billion
meanwhile, he and his buddies make millions shorting Boeing stock
so much "winning", it's starting already!
Miles Archer
(18,837 posts)8. No gold toilets on Air Force One
How can he make America Great Again from the air without a gold toilet? HOW???
Coventina
(27,120 posts)6. So much for saving American jobs.....
Yo_Mama_Been_Loggin
(107,986 posts)9. It's about payback
Washington State did not vote for him so he wants to make us suffer.
onecaliberal
(32,861 posts)10. Let him keep riding in the shitler express.
Vinca
(50,271 posts)12. "ManBaby" - my favorite nickname to date.