Boeing takes $280 million hit on troubled Air Force One program
Summary
Boeing lost $280 million in the second quarter of 2026 due to delays in the Air Force One replacement program. The project, which started under President Trump’s first term, is now four years behind schedule.Key Facts
- Boeing is working on a contract to replace two old Air Force One planes.
- The program is about four years late.
- Boeing reported a $280 million loss connected to this project in Q2 2026.
- The contract began during President Trump’s first term.
- The planes are being built for the U.S. government.
- The delay is impacting Boeing’s financial results.
- Air Force One is the official plane used by the President of the United States.
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