Tuesday, December 6, 2016

President-Elect Trump Wants To Cancel Boeing's $4 Billion Air Force One Contract



Wall Street Journal: Trump Says U.S. Should ‘Cancel Order’ for New Air Force One, Citing Costs

Aircraft maker is the latest company to come under scrutiny by the incoming commander-in-chief

President-elect Donald Trump on Tuesday suggested the U.S. government should cancel a planned order with Boeing Co. for planes to serve as the new Air Force One, making the aircraft maker the latest company to come under scrutiny by the incoming commander-in-chief.

The move broadens Mr. Trump’s effort to influence industrial policy beyond rebuking companies for moving jobs overseas by tackling the single largest source of discretionary federal spending: the federal defense budget.

In a Twitter post Tuesday, Mr. Trump said the cost for a new “Air Force One” plane for future presidents was “more than $4 billion. Cancel order!”

Read more ....

More News On President-Elect Trump Wanting To Cancel Boeing's $4 Billion Air Force One Contract

Trump Targets Boeing for 'Out of Control' Air Force One Costs -- FOX News
Trump slams Boeing deal for new Air Force One -- USA Today
Citing high cost, Trump says Boeing’s contract to build Air Force One should be canceled -- Washington Post
Trump on Boeing's Air Force One contract: 'Cancel order!' -- Reuters
Trump wants to cancel Air Force One order from Boeing -- CNN
Trump urges cancellation of costly new Air Force One plane -- CBS
Trump rips Boeing for cost overruns on new Air Force One, says 'cancel order' -- FOX News
Trump: Cancel Boeing’s Air Force One contract -- Politico
Donald Trump Wants to Cancel Boeing's Air Force One Contract -- Fortune
Trump: Boeing should lose Air Force One contract over 'out of control' cost -- The Guardian
Cost of a 747? 20% of Air Force One, apparently -- USA Today/Wall Street 24/7

7 comments:

Jay Farquharson said...

LMAO

http://boeing.mediaroom.com/2016-12-06-Boeing-Statement-on-Air-Force-One

War News Updates Editor said...

Jay. it looks like someone is in denial. :)

Jay Farquharson said...

Boeing's contract is with the DoD, not the President Elect,

And the full contract isn't $4 billion for one aircraft, behind schedule, as Trump tweeted,

The full cost of the project is $1.65 billion for two aircraft, has just started preliminary work, and is on schedule.

Dump Boeing stock, Trumps tweets have pretty much given the Chinese market to Airbus.

Jay Farquharson said...

http://www.politico.com/story/2016/12/bob-dole-donald-trump-taiwan-232266

"Dole, the only past Republican presidential nominee to endorse Trump before the election, briefed the campaign’s policy director, set up meetings between campaign staff and Taiwanese emissaries, arranged for Taiwan’s delegation to attend the Republican National Convention, and helped tilt the party platform further in the island’s favor, the disclosure released to POLITICO shows. He even arranged for members of Taiwan’s ruling party to take a White House tour, according to the filing."

Anonymous said...

Lol politico a trusted source no doubt

Jay Farquharson said...

LMAO.

Anonymous said...

Much better than alt right fake news. Fact based, what a concept!