Much of the costs for the presidential plane come from pricey and complex modifications required to turn Boeing's iconic hump-backed jets into the flying fortresses that ferry U.S. defense contractor on a high-profile military program. "They're elevating defense-program theater to an art form," Richard Aboulafia, an aerospace analyst at Teal Group, said of the highly unusual direct talks between the president and the second-largest U.S. 12, called for $3.95 billion to be spent through fiscal 2023 to modify and test two Boeing 747-8 aircraft to make them "Presidential mission worthy." The total, which includes money already spent on the program, calls for outlays of $434.1 million this fiscal year. The president's budget request, issued Feb. Still, it's unclear what benefit the negotiations yielded taxpayers. in New York, the second-biggest gain on the 30-member Dow Jones Industrial Average. ![]() ![]() The company's shares rose 1.4 percent to $368.45 at 12:46 p.m. "President Trump negotiated a good deal on behalf of the American people," Boeing said in a tweet.
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