President-elect Donald Trump unexpectedly started negotiating with Boeing over the price of a new Air Force One on Tuesday morning.
In "Twitter," President-elect Donald Trump threatened to cancel the order for a new Air Force One, which would be used for future presidents. He said the cost of the new 747 was more than $4 billion.
"Well the plane is totally out of control, it's going to be over $4 billion for Air Force One program," he said. "I think it's ridiculous, I think Boeing is doing a little bit of a number. We want Boeing to make a lot of money, but not that much money," as stated by the President-elect Donald Trump.
Last January, Boeing won a contract to start preliminary work on a new "Air Force One" program. The Air Force awarded Boeing an initial contract worth nearly $26 million to reduce risk and lower cost. The Air Force has previously said that it planned $1.65 billion for two replacement jets.
"We are currently under contract for $170 million to help determine the capabilities of these complex military aircraft that serves the unique requirements of the President of the United States. We look forward to working with the US Air Force on subsequent phases of the program allowing us to deliver the best planes for the President at the best value for the American taxpayer," as a statement by Boeing.
President-elect Donald Trump's 2016 financial disclosure; which was filed last May, he listed owning $50,001 to $100,000 of Boeing shares and listed the income from those dividends at $1,001 to $2,500. President-elect Donald Trump's spokesperson Jason Miller reportedly said the president-elect sold all of his Boeing stock back in June. President-elect Donald Trump can pay for Secret Service agents that fly on his plane. The stock is up more than 5 percent year to date