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New York Times: DoD Set to Award Air Force One Contract

Boeing-747-8TYSONS CORNER, VA, October 21,  2015 — Boeing (NYSE: BA) could soon be handed a formal contract to make the next Air Force One aircraft, with an initial budget of $102 million for 2016 and a possible delivery period of 2023, ExecutiveBiz reported Tuesday.

The New York Times said the Defense Department picked the contractor earlier in the year to make the upgrade using a 747-8 frame with defense and capability modifications to reflect its current mission requirements as a “flying White House, ” and that an award is expected within weeks.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

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David Smith
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david.smith@executivemosaic.com

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