Boeing Is at Risk for Still More Delays — and Losses — for Costly Air Force One Planes
- Next milestone is now set for next May instead of last month
- The contractor has already chalked up $2.4 billion in losses
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The US Air Force is reevaluating the schedule for delivery of the two new planes for the presidential fleet, which may mean more delays for the troubled project that already has saddled contractor Boeing Co. with $2.4 billion in losses.
In addition to reviewing the timeline for delivery of the specially equipped planes — known as Air Force One when the president is on board — the Air Force is evaluating whether at least two current major milestones are still on track.