Boeing says ‘lessons learned’ from costly Air Force One deal

U.S. President Joe Biden descends from Air Pressure One at Ben Gurion Worldwide Airport in Lod, close to Tel Aviv, Israel, July 13, 2022. REUTERS/Ammar Awad/

LONDON, July 17 (Reuters) – Boeing’s protection chief stated on Sunday it had discovered classes from a contract to provide the U.S. presidency with new Air Pressure One plane, which has price the planemaker nearly $1 billion in prices and is as much as three years not on time.

Ted Colbert didn’t give particulars of learnings, however stated that they had contributed to a brand new schedule for the 2 planes that has seen deliveries pushed again to 2026 and 2027.

“The teachings discovered are vital to us and we’re making use of them going ahead,” Colbert instructed reporters at a briefing forward of the Farnborough air present. “We have made modifications to this system. We have made modifications to the best way we work on this system.”

“These are difficult packages and also you study as you go alongside and also you adapt as it’s important to,” he added.

In April, Boeing recorded a $660 million cost after taking a $318-million one in April 2021 on this system “largely attributable to COVID-19 impacts and efficiency points at a key provider.”

Requested if Boeing might recoup these price overruns, Colbert stated: “If we are able to discover a strategy to we’ll.”

Boeing obtained a $3.9 billion contract in 2018 for 2 747-8 plane to be delivered beginning in 2024.

In December 2016, then U.S. President-elect Donald Trump secured a promise from then Boeing CEO Dennis Muilenburg that the price of changing Air Pressure One wouldn’t exceed $4 billion. Trump had earlier urged the federal government to cancel shopping for Boeing’s new Air Pressure One, saying it was “ridiculous” and too costly.

Boeing CEO Dave Calhoun stated in April the deal was problematic.

“Air Pressure One – I am simply going to name a really distinctive second, a really distinctive negotiation, a really distinctive set of dangers that Boeing in all probability should not have taken,” Calhoun stated. “However we’re the place we’re, and we will ship nice airplanes. And we will acknowledge the prices related to it.”

The Boeing 747-8s are designed to be an airborne White Home in a position to fly in worst-case safety eventualities, akin to nuclear conflict, and are modified with navy avionics, superior communications and a self-defense system.

Reporting by David Shepardson
Enhancing by Mark Potter

: .