Boeing CEO bemoans Air Force One overruns

Österreich Nachrichten Nachrichten

Boeing CEO bemoans Air Force One overruns
Österreich Neuesten Nachrichten,Österreich Schlagzeilen
  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Boeing CEO David Calhoun suggested Wednesday that the company's deal with former President Trump to provide a new Air Force One fleet at a fixed price was a mistake now that development costs have surged.

"I will have a very different philosophy with respect to fixed price development," Calhoun said. "So I don't expect, and I hope never to contribute to that issue."

Boeing CEO David L. Calhoun, is introduced shortly before President Donald Trump and Chinese Vice Premier Liu He, signed phase 1 of a trade deal between the U.S. and China, in the East Room at the White House, on January 15, 2020, in Washington, DC. "Air Force One I’m just going to call a very unique moment, a very unique negotiation, a very unique set of risks that Boeing probably should not have taken," Calhoun explained, "but we are where we are, and we’re going to deliver great airplanes."

The $3.9 billion deal to convert two Boeing 474 jets into flying presidential offices was negotiated by former CEO Dennis Muilenburg, and the

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

FoxBusiness /  🏆 458. in US

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Boeing CEO calls Trump’s Air Force One deal a risk it ‘probably shouldn’t have taken’Boeing CEO calls Trump’s Air Force One deal a risk it ‘probably shouldn’t have taken’COVID has made the project more difficult and expensive.
Weiterlesen »

Boeing CEO Dave Calhoun says company probably shouldn't have made Trump-era Air Force One dealBoeing CEO Dave Calhoun says company probably shouldn't have made Trump-era Air Force One dealThe company has already lost $660 million developing the two 747 jets for the fleet following a 2018 deal Trump made with the company that makes Boeing foot the bill for all cost changes in the development process.
Weiterlesen »

Boeing CEO talks China crash, 737 Max jet after 1Q lossBoeing CEO talks China crash, 737 Max jet after 1Q lossBoeing reported an overall net loss of $1.2 billion during the quarter, or $2.75 per share. Total revenue came in at $13.99 billion
Weiterlesen »

Boeing CEO Regrets Deal With Trump For New Air Force One Jets That Will Cost Company $1 BillionBoeing CEO Regrets Deal With Trump For New Air Force One Jets That Will Cost Company $1 BillionBoeing has lost $660 million developing two Air Force One 747 jets following a “very unique” 2018 deal with then President Donald Trump. The company says it expects to lose $1.1 billion on the planes.
Weiterlesen »

New Morgan CEO is ex-Lamborghini projects boss | AutocarNew Morgan CEO is ex-Lamborghini projects boss | AutocarManagement changes as Massimo Fumarola named Morgan CEO while Steve Morris becomes executive chairman
Weiterlesen »

CBS President and CEO George Cheeks honored at Rosie's Theater Kids galaCBS President and CEO George Cheeks honored at Rosie's Theater Kids galaCBS2's Dick Brennan has the story.
Weiterlesen »



Render Time: 2025-04-06 05:10:31