Trump strikes deal with Boeing for new Air Force One planes

"?President Trump has reached an informal deal with Boeing on a fixed price contract for the new Air Force One Program. Thanks to the president's negotiations, the contract will save the taxpayers more than $1.4 billion," Deputy Press Secretary Hogan Gidley said Tuesday.

The deal is worth $3.9 billion. Officials say it represents $1.4 billion in savings from estimates of over $5 billion for two airplanes and related costs.

A Boeing official said the agreement covers two aircraft, "including things unique to Air Force One such as a communications suite, internal and external stairs, large galleys and other equipment."

The company said in a statement: "Boeing is proud to build the next generation of Air Force One, providing American Presidents with a flying White House at outstanding value to taxpayers. President Trump negotiated a good deal on behalf of the American people."

The president has been working to negotiate a new Air Force One deal ever since the presidential transition period in late 2016, when he complained on Twitter about the cost of the Boeing project and threatened to cancel the order.

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