Boeing Faces Backlash from Trump over Air Force One Contract
The US President Donald Trump has expressed dissatisfaction with Boeing's performance on the Air Force One contract, citing delays and excessive costs. The deal was negotiated during Trump's first term in office and was initially set for delivery in 2024. However, Boeing has since pushed back the delivery date to 2027 or 2028. This development comes as Boeing is still reeling from a difficult year, with losses totaling $11.8 billion.
- The President's comments underscore the high stakes and scrutiny surrounding major government contracts, particularly those related to national security.
- How will Boeing's performance on this contract impact its long-term relationship with the US government and influence future defense procurement decisions?