Tag Archives: Air Force One

The U.S. Air Force has decided to replace the current presidential aircraft platform with a customized Boeing (NYSE: BA) 747-8 series. USAF said Wednesday it plans to award Boeing with a sole-source contract to modify the company’s 747-8 design for the Presidential Aircraft Recapitalization program. “We still need to finalize …

The U.S. Air Force is looking into a potential splitting of work on the future presidential plane between Boeing (NYSE: BA) and other contractors as Pentagon acquisition chief Frank Kendall recently pushed for more competitive contracts. Tony Capaccio reports Thursday for Bloomberg News that Kendall has noted a low contract competition rate at DoD and …

The Pentagon launched a new program on August 10 for the development and acquisition of replacement presidential aircraft scheduled to be operational early next decade, reports Tony Capaccio for Bloomberg. Undersecretary of Defense for Acquisition Frank Kendall ordered the Air Force to assemble an office for the replacement project which …