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      Home/News/Topics/Cost Overruns

      Topics

      Cost Overruns

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      Contracting VehiclesDefense & MilitaryAerospaceProcurement RisksCost OverrunsAward
      8 days ago

      Boeing Faces $280M Charge, Total Air Force One Costs Exceed $3.1B

      Boeing's Air Force One program has accumulated over $3.1 billion in cost overruns, revealing challenges in managing fixed-price contracts. With a new $280 million charge, the delivery timeline for the two VC-25B aircraft is now projected for 2028, stressing the importance of risk management in defense contracts.