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02:49 PM, July 20, 2018
USAF Awards $3.9B Air Force One Replacement Contract to Boeing
Air Force One (Image: Whitehouse.gov)

The United States Air Force has awarded a contract to Boeing to design, modify, test, certify and deliver two presidential, mission-ready aircraft by 2024.

This contract action formalizes President Trump’s agreement reached with Dennis Muilenburg, Boeing chairman, president, and CEO, Feb. 20, 2018. This sets $3.9 billion as the price for the two completed Air Force One replacement aircraft, saving the taxpayers over $1.4 billion, the USAF said in a statement Thursday. 

This contract modification is firm fixed-price and contains over-and-above provisions to address both presidential quality items, and additional test effort induced by the government above the planned program baseline. 

The Air Force looks forward to partnering with Boeing on the VC-25B program to deliver the next Air Force One fleet by 2024, the statement read.

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