TYSONS 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.
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