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Boeing is working with Elon Musk to deliver Air Force One replacements sooner
BABoeing(BA) CNBC·2025-01-28 17:04

Group 1 - Boeing is collaborating with Elon Musk to expedite the delivery of the delayed and overbudget Air Force One replacements [1][3] - The two Boeing 747s designated as the next Air Force One are over $2 billion over budget and years behind schedule due to design changes, labor constraints, and supply chain issues [2] - An updated delivery schedule from Boeing is anticipated in the spring, but it remains uncertain if the aircraft will be delivered before the end of Trump's current term [3] Group 2 - The deal for the Air Force One aircraft was struck during Trump's first term after he expressed concerns over high costs and threatened to cancel the order [2] - Boeing's CEO Kelly Ortberg mentioned the engagement with Elon Musk aims to eliminate costs and ensure earlier delivery of the aircraft [3]