President-elect Donald Trump said he wants to cancel the government’s multibillion-dollar contract with Boeing for new Air Force One planes. The president-elect tweeted that the company’s costs for building the 747 Air Force One was “out of control, more than $4 billion. Cancel order!" The source for Trump’s billion-dollar figure is unclear. Media reports say the cost of the project is estimated to rise to at least $3 billion over the next five years. Boeing released a statement that didn’t directly address Trump’s claims, but said that the company was currently under contract for $170 million. Trump spokesman Jason Miller also did not explain how Trump got the $4 billion figure. He said the exact details would come once the Republican was sworn in.
Trump wants to cancel Boeing’s Air Force One contract