National Security

Trump strikes $3.9B deal for Air Force One replacement planes

By Gabby Morrongiello

Published February 27, 2018 2:56pm ET

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Trump strikes $3.9B deal for Air Force One replacement planes — In December 2016, President Trump claimed that the $4 billion price tag for the two new Air Force One planes was "out of control" and that the order should be canceled. (AP Photo/Jose Luis Magana, File) | Jose Luis Magana

President Trump has brokered a $3.9 billion deal with Boeing for two new Air Force One planes, the White House said Tuesday, claiming the agreement comes in at more than $1 billion below original cost estimates for the two 747 airliners.

“Thanks to the president’s negotiations, the contract will save the taxpayers more than $1.4 billion,” deputy White House press secretary Hogan Gidley said in a statement to the Washington Examiner.

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Air Force Air Force One Boeing Defense Spending Donald Trump Gabby Morrongiello Spending