Air Force One

Editor’s Note: A previous headline mistakenly stated that the Qatari luxury jet is worth $400 billion due to a typographical error. The U.S. Air Force has reportedly decided to repurpose funds from its Sentinel intercontinental ballistic missile program to retrofit a Qatari...

Defense contractor L3Harris Technologies (NYSE:LHX) has agreed to pay $62 million to settle allegations of deceit over equipment pricing sold to the U.S. military. This comes as the company is involved in modifying a luxury Boeing 747 for the new Air Force One. What Happened: The Justice Department...

The conversion of a Qatari 747 jet into the new Air Force One for President Donald Trump could cost over $1 billion and take several years, according to aviation experts. What Happened: Several aviation experts have cautioned that converting a 13-year-old jet owned by Qatar into...

The Trump administration is preparing to receive a luxurious Boeing 747-8 jumbo jet from Qatar’s royal family. What Happened: This aircraft is set to become the new Air Force One for President Donald Trump until the conclusion of his term, reported ABC News. The Boeing Co. (NYSE:BA)-...

U.S. President Donald Trump is reportedly considering getting Air Force One planes from a different manufacturer besides Boeing Co (NYSE:BA). What Happened: “I’m not happy with Boeing,” Trump said, as reported by Reuters. The President, however, dismissed the idea of using an...

With President-elect Donald Trump swearing-in on Monday as the next President of the United States, the “Air Force One” title will be upon any Air Force aircraft that he travels in. What Happened: The Air Force One technically refers to any Air Force aircraft with the U.S. President on...

President Joe Biden continues to be a frontrunner for the 2024 election, with a possible rematch against Donald Trump looming. One potential hurdle for some voters considering Biden is his age, an issue exacerbated by his viral slips and tumbles on staircases. What Happened: At the age of 80, Biden...

President Joe Biden has a 'doomsday' plane that would be used in the event of a nuclear war. The plane was recently spotted in the sky. Here’s a look at the details of the plane and where it was found. What Happened: President Biden won the 2020 presidential election and could have...

Air Force One is getting a new color scheme. President Joe Biden has selected a white, light blue, and yellow scheme for the presidential plane. Former President Donald Trump had previously chosen darker red, white, and blue for the plane.  The Air Force has said that the current “robin...

Thursday marked the conclusion of the public comment period for the proposed $200-billion first wave of China tariffs. Just one day later, President Donald Trump upped the United States' tax threat to Chinese imports by $267 billion in remarks to reporters on Air Force One. If all of the...

President Donald Trump, who berated Boeing Co (NYSE: BA) in December over the cost of the next-generation Air Force One, is closer to getting the aircraft whether he knows it or not. The U.S. Defense Department said Wednesday that Boeing has been awarded $600 million to begin preliminary work on...

The Machinists Union wants to represent workers at the Boeing Co (NYSE: BA) plant in South Carolina, and workers will be voting Wednesday to make it happen. The Machinists already represent the majority of the Boeing factory workers across the country, but Boeing specifically chose to build its new...

President-elect Donald Trump is expected to bring a substantial amount of change to the presidency, but one thing that will be staying the same is the presidential state car. Trump's 'Cadillac One' is set to debut on Inauguration Day, January 20. Nicknamed “The Beast” during...

President-elect Donald Trump's tweets are causing a firestorm among defense stocks. First, Trump blasted Boeing Co (NYSE: BA) over the soaring cost of manufacturing the next-generation Air Force One fleet. The president-elect also targeted Lockheed Martin Corporation (NYSE: LMT) on December 12 over...

Argus has raised its price target on Boeing Co (NYSE: BA) shares to $185, representing a potential upside of 18 percent over December 13 close. Positive Catalysts Analyst John Eade has pointed out that Boeing continues to benefit from strengthening demand in the commercial aerospace sector, as...