Air Force One on December 3, 2018, during George H.W. Bush's funeral. U.S. Army photo by Spc. James Harvey
Defense One: Air Force One: New Estimate Bumps Total Cost By Nearly One-Third
The $5.3 billion price tag is the Pentagon’s first public accounting to include the new hangars and various other costs.
The cost of buying, equipping, and preparing to operate the two Boeing 747s that will become the next Air Force One presidential transport aircraft is now pegged at $5.3 billion, nearly one-third more than the figure routinely touted by the White House, according to Air Force officials and Pentagon budget documents.
The projected price tag — included in the Pentagon’s fiscal 2020 budget proposal — marks the first time the Defense Department has provided a total cost estimate for the project. It includes not only the cost of the planes themselves, but also work to build a new hangar complex at Joint Base Andrews in Maryland and other administrative, engineering, and development work.
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WNU Editor: The new Air Force One will be delivered in 2024 .... The new Air Force One arrives in 2024. Here's what we know so far. (Popular Science).
More News On The Cost Of The New Air Force One
New Air Force One jets and hangars to cost 33% more than expected, Pentagon says -- New York Daily News
Air Force One Costs Jump by a Third to $5.3 Billion -- 24/7 Wall Street
White House Puts Price Tag for New Air Force One Jets, Hangars at $5.3 Billion -- Sputnik
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