Price tag for new Air Force One program jumps to $5.2 billion

By Jason Sherman  
August 5, 2019 at 12:59 PM
The Presidential Aircraft Replacement program will cost $5.2 billion, the Pentagon revealed last week, roughly $500 million more than the $4.6 billion Air Force estimate for the pair of new highly modified Boeing 747-8s presented to Congress in March -- and a year after President Trump claimed White House negotiations saved more than $1.4 billion on the VC-25B development contract. The new cost detail on the VC-25B program was included in a summary of the Selected Acquisition Reports sent to...

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