Boeing absorbs another $280M hit on delayed Air Force One program

The replacement for the US president's Air Force One is now expected to cost nearly $7 billion, with Boeing absorbing more than $3 billion in losses under its fixed-price contract.

Boeing’s contract to replace two aging Air Force One planes, a program that is now four years behind schedule, lost the defense contractor $280 million in the second quarter of 2026, according to its latest earnings report released on Tuesday. The company inked a contract with the U.S. government in President Trump’s f

Boeing pushed back delivery of two presidential planes by four years. The delay and related expenses contributed to a bigger-than-expected loss in the second quarter.

To get Air Force One delivered by 2028, Boeing takes another massive charge  CNN