An Exclusive for Fox News outlined how President Trump struck a deal with Boeing for a new Air Force One.
President Trump has struck an â€œinformalâ€ deal with Boeing for new Air Force One planes, according to the White House — resulting from negotiations that started before he took office.Â
â€œPresident Trump has reached an informal deal with Boeing on a fixed price contract for the new Air Force One Program.Â Thanks to the presidentâ€™s negotiations, the contract will save the taxpayers more than $1.4 billion,â€ Deputy Press Secretary Hogan Gidley said Tuesday.
The deal is worth $3.9 billion. Officials say it represents $1.4 billion in savings from estimates of over $5 billion for two airplanes and related costs.
The report goes on.
The company said in a statement: â€œBoeing is proud to build the next generation of Air Force One, providing American Presidents with a flying White House at outstanding value to taxpayers. President Trump negotiated a good deal on behalf of the American people.â€
The president has been working to negotiate a new Air Force One deal ever since the presidential transition period in late 2016, when he complained on Twitter about the cost of the Boeing project and threatened to cancel the order.
He said at the time the costs were â€œout of control.â€Â
The original projected price of the contract was $3 billion, but costs kept rising.Â When Trump objected in late 2016, he complained that costs were creeping past $4 billion.
Now, the White House says the costs would have been over $5 billion. According to an official with knowledge of the program, though, the total cost estimate was always over $5 billion — the official explained that Trump simply â€œ
This was another campaign promise nailed by Donald Trump. He promised to negotiate down the price if Air Force One and he did just that. It also seems that no corners were cut either to get the price down.