Boeing Books $280M More Losses on Air Force One VC-25B Contract
Boeing added a $280 million charge, pushing total losses on the fixed-price VC-25B Air Force One replacement to more than $3 billion after prior $2.8 billion reported in 2024. The Air Force shifted to converting two partially built 747-8 airframes to save costs, amid Trump-era pressure to renegotiate, after earlier losses on VC-25A and NASA’s Starliner programs.