00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Donald Trump toured a Boeing plane on Saturday to highlight delays in the Air Force One
00:07program, the White House said. Two new aircrafts were initially set for a December 2024 delivery
00:12and are now expected in 2027 or 2028. Trump negotiated the $4 billion contract during
00:18his first term and Boeing later stated that the price was too low. Boeing cited supply chain
00:22issues, cost and complexity for the delays. Boeing CEO Kelly Ortberg said the company is
00:28working with Elon Musk to accelerate the Air Force One program, despite SpaceX competing
00:33with Boeing's space division. Ortberg told CNBC that Trump wants the plane sooner,
00:38prompting discussions on the expedite of the schedule.
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