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Boeing Awarded Contract for Risk Reduction Support on Future Air Force One

Boeing-747-8Boeing (NYSE: BA) has received a contract of an undisclosed value to help identify risk reduction strategies for the U.S. Air Force‘s Presidential Aircraft Recapitalization program.

The Air Force said Friday it will issue post-award modifications to procure Boeing’s 747-8 commercial aircraft to serve as a basis for the company to design and build the future presidential plane.

“This contract gets us started on determining how to modify a 747-8 to become the next Air Force One and finding opportunities for cost reduction through detailed requirements choices, competition of subsystems and in the sustainment of the aircraft after it has been fielded, ” noted Col. Amy McCain, PAR program manager.

“We will ensure the next Air Force One meets the necessary capabilities established to execute the presidential support mission, ” added Air Force Secretary Deborah Lee James.

The military branch expects the life span of the next presidential aircraft to last for up to 30 years.

The service first announced in January 2015 its selection of the Boeing 747-8 platform for the program.

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