Jonathan Ernst | Reuters
President Donald Trump arrives via Air Force One at Bismarck Municipal Airport in Bismarck, North Dakota, September 6, 2017.
Boeing along with President Donald Trump are nearing a multibillion-dollar deal For two main completely new Air Force One planes, potentially ending the drawn-out along with highly publicized negotiations between the two parties, Defense One reported.
Boeing confirmed to CNBC of which Trump along with Boeing CEO Dennis Muilenburg “had a productive meeting This specific week.”
In a Tuesday meeting at the White House, Trump along with Muilenburg had a breakthrough in gridlocked negotiations on the two 747 jumbo airliners of which the military purchased via the aerospace firm last summer along with an announcement is usually anticipated soon, Defense One reported.
Charged negotiations between the Air Force — which purchases the planes — along with Boeing were thrust into the spotlight in December 2016 when then president-elect Trump tweeted his outrage about the costs.
Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!
— Donald J. Trump (@realDonaldTrump) December 6, 2016
Later of which day, he amplified his message from the lobby of Trump Tower: “Well, the plane is usually totally out of control, of which’s going to be over $4 billion for Air Force One program,” he said. “I think of which’s ridiculous, I think Boeing is usually doing a little bit of a number. We want Boeing to make a lot of money, although not of which much money.”
Boeing shares closed up .2 percent on Friday. The stock is usually up 21 percent year to date.