The order from Boeing for two new Air Force One planes will be scrapped according to President-elect Donald Trump. He’s citing the high cost as the reason…The planes will cost about $150 billion but there’s about $125 billion in added on costs. The left went nuts and claimed the cost wasn’t $4 billion but much lower. A defense analyst spoke about the cost confirming the price of the program::
The entire cost of the program, including development costs, is expected to reach $4 billion, according an analysis by Todd Harrison, a defense analyst with the Center for Strategic and International Studies.
Boeing stock dropped right after the announcement by Trump:
— WUSA9 (@wusa9) December 6, 2016