Trump, Boeing Reach $3.9 Billion Deal for New Air Force One
- White House claims $1.4 billion savings on presidential jets
- Talks raise ‘defense program theater to an art form’: analyst
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President Donald Trump reached an informal deal with Boeing Co. on a fixed-price contract for the new Air Force One program that will cost $3.9 billion.
White House spokesman Hogan Gidley said the agreement will save taxpayers $1.4 billion from the original estimate for buying and outfitting two presidential jets. But public estimates suggest the savings would be far less -- perhaps a few hundred million dollars, based on a speech Trump gave a year ago.