President-elect to Refuse Boeing Air Force One Contract?

Here is another fabulous example that Trump is doing everything he can to save the American tax payers money. As an accomplished businessman and billionaire he knows when a company is being over priced with hopes of it going unnoticed when it comes to the DOD budget.

According to Zero Hedge– The callsign “Air Force One” has been around since around the time of WWII, with FDR being the first president to fly while in office.  Since 1943, with only a couple exceptions, the Air Force has been flying custom versions of Boeing commercial airliners for the presidential flight mission.  Most recently replaced in 1990, the president currently flies in a modified 747 with the military designation “VC-25”; two copies were produced for a cost of $325 million apiece, and the callsign “Air Force One” is only used when the president is onboard.

Even though it is still extremely advanced, Air Force One is due for a replacement.  Currently, the operating cost for each VC-25 is $210,877 per hour; an extremely high figure, likely because of the dated nature and high maintenance costs of both the airframe and the avionics suite.

However, with a total program cost estimated to be around $4 billion dollars, Boeing is clearly gouging the taxpayer.  The newest derivative of Air Force One will end up being over six times as expensive as the last one, which was built on the same airframe.  I guess Boeing just thought the higher price tag was going to slip through the cracks of a bloated DoD budget?

READ
Liberals Furious Over New Secretary of State.... Exxon Chief Rex Tillerson

Via Reuters:

U.S. President-elect Donald Trump urged the government on Tuesday to cancel an order with Boeing Co for a revamped Air Force One – one of the most prominent symbols of the U.S. presidency – saying costs were out of control.

“Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!” Trump said on Twitter. It was not immediately clear what prompted the timing of his complaint.

Trump, who has vowed to use his skills as a businessman to make good deals that benefit American taxpayers, then made a surprise appearance in the lobby of Trump Tower in New York, where he amplified his comments.

“The plane is totally out of control. I think it’s ridiculous. I think Boeing is doing a little bit of a number. We want Boeing to make a lot of money but not that much money,” he told reporters.

Maybe the most frugal President-elect to date! Making genius financial decisions so the country works smart not hard.

Continue reading here

Leave a Reply