:

Air Force

Boeing, White House Reach $3.9 Billion Deal To Build New Air Force One

By Marc Selinger

Tuesday, February 27th, 2018

SHARE:

Boeing, White House Reach $3.9 Billion Deal To Build New Air Force One

An artist's rendering of the future Air Force One. (Photo: Boeing)

Boeing [BA] has reached a $3.9 billion agreement with the White House to develop and build two new aircraft to replace the Air Force One presidential jets.The informal deal includes an engineering and manufacturing development (EMD) contract, which has not yet been awarded. It also covers efforts already under contract for the Presidential Aircraft Recapitalization (PAR) program, such as initial design work and the purchase of two commercial Boeing 747-8s. The agreement includes items unique to Air Force One, such as advanced…

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]

Congress

HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform

The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]