
Boeing will beef up two 747 jets to serve as Air Force One planes. (Boeing Illustration)
The White House says President Donald Trump has struck an “informal deal” with Boeing on a $3.9 billion fixed-price contract for two new Air Force One planes.
“Thanks to the president’s negotiations, the contract will save the taxpayers more than $1.4 billion,” White House deputy press secretary Hogan Gidley said today in a widely distributed statement.
The extent of the savings is debatable, however.