{"id":1947,"date":"2026-07-28T16:12:52","date_gmt":"2026-07-28T16:12:52","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=1947"},"modified":"2026-07-28T16:12:52","modified_gmt":"2026-07-28T16:12:52","slug":"boeing-lost-another-280-million-last-quarter-on-overdue-air-force-one","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=1947","title":{"rendered":"Boeing Lost Another $280 Million Last Quarter On Overdue Air Force One"},"content":{"rendered":"
\n

Big Number<\/h2>\n

$2.8 billion. That\u2019s how much Boeing has likely lost on the Air Force One program since signing the government contract in 2018, Aviation Week reported<\/u>.<\/p>\n

Read more Apple And Klarna Offer New iPhone Leasing Deal\u2014Here\u2019s How It Compares To Previous Programs<\/a><\/p>\n

Why Is Boeing Losing Money On Its Air Force One Contract?<\/h2>\n

In 2018, Boeing agreed to build two new Air Force One jets for about $3.9 billion under a fixed-price contract, which means Boeing\u2014not the U.S. government\u2014absorbs most cost overruns. The presidential aircraft is more complex than any commercial jet, as it must be transformed into a flying White House with secure global communications, missile-defense systems, aerial refueling capability, hardened wiring systems and more. Several years later, Boeing\u2019s then-CEO Dave Calhoun said the company \u201cprobably shouldn\u2019t have taken<\/u>\u201d the fixed-price contract. On Tuesday, Boeing said this quarter\u2019s $280 million overrun reflects \u201cadditional production and certification resources\u201d as it works to keep the program on track for a 2028 delivery. But Boeing executives believe the costs will continue to spiral. \u201cI do expect to see some cost growth there as we come through [final assembly] and we finish off the wiring and the structures, as well as finishing off with certification,\u201d Steve Parker, the head of Boeing\u2019s defense unit, told reporters<\/u> at Farnborough Airshow this month. Back when the contract was awarded, the U.S. Air Force said<\/u> the deal was \u201csaving the taxpayers over $1.4 billion.\u201d <\/p>\n

Tangent<\/h2>\n

Last year, President Donald Trump accepted a Boeing 747<\/u> presidential aircraft worth $400 million from Qatar, whose prime minister insisted was not a bribe<\/u> but a \u201cnormal thing between allies.\u201d This month, Trump briefly ditched the Qatari jet<\/u> to fly from Turkey to the U.K. on the old Air Force One due to security concerns<\/u>\u2014and then switched back to the Qatari plane on his return flight to Andrews Air Force base. Weeks later, Trump said the Qatari jet would get another security upgrade<\/u>. All told, renovating the Qatari jet will cost taxpayers nearly $1 billion<\/u>, according to recent estimates. After Trump leaves office, the jet will be transferred to his future presidential library<\/u>.<\/p>\n

Read more Apple Briefly Surpasses $5 Trillion Market Value\u2014Joining Nvidia<\/a><\/p>\n

<\/div>\n

Further Reading<\/h2>\n

Trump Says Qatar-Gifted Air Force One Will Undergo Another Upgrade For \u2018Maxed Out\u2019 Security<\/u> (Forbes)<\/p>\n

Read more White House Doubles Down After Katy Perry Said She Was \u2018Appalled\u2019 By Use Of Her Song On TikTok<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Building the new generation Air Force One presidential jets has become a painful financial thorn in the side of Boeing.<\/p>\n","protected":false},"author":1,"featured_media":1946,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1947","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-travel"],"yoast_head":"\nBoeing Lost Another $280 Million Last Quarter On Overdue Air Force One - Coast to Coast Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coasttocoastmoverss.com\/?p=1947\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boeing Lost Another $280 Million Last Quarter On Overdue Air Force One - Coast to Coast Movers\" \/>\n<meta property=\"og:description\" content=\"Building the new generation Air Force One presidential jets has become a painful financial thorn in the side of Boeing.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coasttocoastmoverss.com\/?p=1947\" \/>\n<meta property=\"og:site_name\" content=\"Coast to Coast Movers\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-28T16:12:52+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=1947#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=1947\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/#\\\/schema\\\/person\\\/266a8d2ebdac9f8b4354d52dead7fa6b\"},\"headline\":\"Boeing Lost Another $280 Million Last Quarter On Overdue Air Force One\",\"datePublished\":\"2026-07-28T16:12:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=1947\"},\"wordCount\":413,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=1947#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/d722384faca7e5bb94a2a67ffd0ef518.webp\",\"articleSection\":[\"Travel\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=1947#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=1947\",\"url\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=1947\",\"name\":\"Boeing Lost Another $280 Million Last Quarter On Overdue Air Force One - 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