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Trump Calls For Air Force To Cancel Presidential Aircraft Recapitalization

Wednesday, December 7th, 2016

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President-elect Donald Trump Tuesday morning called for the Air Force to cancel the Presidential Aircraft Recapitalization (PAR) program, citing without evidence that costs are “out of control.”Boeing [BA] is the prime contractor for PAR. Trump said on Twitter that costs for the program surpassed $4 billion. Air Force spokesman Capt. Michael Hertzog said Tuesday that the service has budgeted $2.7 billion in the fiscal year 2017 Future Years Defense Program (FYDP) for research, development, test and evaluation (RDT&E) portion of the program. Hertzog said the…

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