Trump: Boeing's Air Force One price tag is 'too high'

By Marjorie Censer / February 17, 2017 at 2:58 PM

President Trump today reiterated his concerns about the price of both the Air Force One and the F-35 Joint Strike Fighter, programs that have been in his cross hairs since late last year.

According to a pool report, while in South Carolina today to visit Boeing's facility, Trump said the price of Boeing's Air Force One is "too high, but we're negotiating."

He said of Lockheed Martin's F-35 program that "we're cutting prices."

"They have to cut prices," Trump added. But he said the program was "out of control, and now it's very much in control."

Last month he touted savings in the latest F-35 deal, saying the negotiations cut $600 million from the cost.

However, Trump has suggested Boeing's F/A-18 could play a role, tweeting last year that he had asked Boeing to price out a comparable plane.

Asked today whether the F/A-18 could replace some F-35 orders, Trump said "if the price doesn't come down, we would."

"The F-18's a great plane and now put a stealth component on it," he said.

According to the pool report, he also said his negotiations will save billions of dollars.

"Most important, we are going to have a great product from both Boeing and Lockheed," Trump added.

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