# Boeing takes $280 million hit on troubled Air Force One program

- URL: https://talkfuse.com/story/boeing-takes-280-million-hit-on-troubled-air-force-one-program/
- Published: 2026-07-28T22:12:17+00:00
- Updated: 2026-07-28T23:08:58+00:00
- Original publisher: The Hill (publisher lean: Centre)
- Original article: https://thehill.com/business/5995418-boeing-airforce-one-program-losses/
- Topics: Art, Business, Celebrity, Companies, Culture, Entertainment, Government, Politics

## Key points

- Boeing took a $280 million Air Force One programme charge.
- The replacement aircraft programme remains years behind schedule.
- Boeing is absorbing further costs under a fixed-price contract.

## Summary

Boeing has recorded a $280 million charge on its programme to replace the US presidential Air Force One aircraft, contributing to a larger-than-expected quarterly loss. The setback highlights the financial and delivery risks Boeing faces on fixed-price government contracts while it works to improve its wider business performance.

The company is building two 747-8 aircraft under a $3.9 billion contract signed in 2018. The programme is about four years behind schedule and more than $1 billion over budget; Boeing said the latest charge was mainly due to additional production and certification resources.

---
Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.