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Boeing’s money pit of an Air Force One project just sunk a little deeper.
Boeing adds $280M in Q2 2026 to deliver Air Force One 747-8s by 2028; overruns exceed $3.1B vs $3.9B cap. Chronic cost overruns on critical defense contracts amid 737 Max crises signal systemic execution risk and capital constraints.
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Boeing’s money pit of an Air Force One project just sank a little deeper.

Boeing’s money pit of an Air Force One project just sank a little deeper.

“While the charge is disappointing, we recognize how critical schedule performance is to our customer and we are investing…

Boeing to deliver next-gen Air Force One jets by 2028 despite delays and cost growth, according to this key official.

Boeing remains on track to deliver two new Air Force One jets in 2028, but meeting that target will require additional spending.

Boeing took a $280 million charge on its long-delayed Air Force One program.