Aerospace Giant Boeing Seeks Renegotiation Of Air Force One Contract

The Air Force One supply would probably come a 12 months late, Boeing has warned

Boeing has requested the US authorities to renegotiate the worth for 2 new fashions of the presidential Air Force One airplane, warning their supply would probably come a 12 months late, a Defense Department official stated Tuesday.

The aerospace big agreed in 2018 to provide two 747-8 planes by the top of 2024 for $3.9 billion — each prepared to move whoever occupies the White House at the moment.

But a subcontractor went bankrupt and the coronavirus pandemic disrupted manufacturing.

The firm has suggested that it’ll most likely be about 12 months late on the order, Air Force official Darlene Costello stated throughout a congressional listening to.

The authorities is presently assessing whether or not to regulate the calendar, she stated.

Boeing has “submitted an intent letter” to request an adjustment to the worth of the contract, Costello stated.

She was questioned by Democratic Representative Joe Courtney, who known as the delay a “disappointment to all of us.”

“We thought this was perhaps a program the place the federal government truly acquired an excellent deal,” he stated.

Former president Donald Trump had balked on the preliminary contract worth for changing the plane presently in use, which he thought-about a lot too excessive.

To offset the worth, Boeing has urged promoting to the Air Force two 747-8s that have been initially meant for the now-bankrupt Russian airline Transaero.

(Except for the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)

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