L3 Harris tapped to modify Qatari jet as potential new Air Force One after years of Boeing delays

L3 Harris tapped to modify Qatari jet as potential new Air Force One after years of Boeing delays


First Lady Melania Trump laughs as she watches US President Donald Trump cut with a saber into a cake representation of the new Air Force One design during the Commander-In-Chief inaugural ball at the Walter E. Washington Convention Center in Washington, DC, on Jan. 20, 2025.

Patrick T. Fallon | AFP | Getty Images

The U.S. is working with L3Harris Technologies to modify a used Qatari government jumbo jet in what could become a new presidential plane, according to a person familiar with the matter.

The work comes after President Donald Trump earlier this year expressed frustration about delays in modification work from Boeing. Trump struck a deal with Boeing in his first term to retrofit two 747s to serve as the next Air Force One aircraft. But after delays, the planes might not be ready before the end of his term.

L3Harris and Boeing declined to comment. The White House didn’t immediately comment.

Read more CNBC airline news

Trump told reporters in February that he is considering alternatives for the delayed Boeing 747s, which have cost Boeing more than $2 billion in overruns.

“We may buy a plane or get a plane, or something,” he said, according to a Reuters report at the time, as he toured the Qatari 747 that was parked at Florida’s Palm Beach International Airport.

Boeing’s CEO, Kelly Ortberg, said on an April 23 earnings call that “we continue to work with the customer to revise the program plan to allow for an earlier first delivery while maintaining our focus on safety and quality.”

One of the Boeing 747s used as Air Force One, parked at Palm Beach International Airport.

Leslie Josephs | CNBC

Ortberg said in January that the company had been working with Trump advisor Elon Musk to deliver the planes sooner.

Despite Trump’s frustration with Boeing’s delays in delivering the new Air Force One planes, the U.S. Air Force in March awarded Boeing a contract to build the country’s next-generation fighter jet, a deal analysts estimate to be worth around $20 billion or more.

“In terms of all of the attributes of a fighter jet, there’s never been anything even close to it, from speed to maneuverability, to what it can have, to payload. And this has been in the works for a long period of time,” Trump said in a news release on March 21. “America’s enemies will never see it coming.”



Source

Despite higher energy prices, there’s an opportunity in travel stocks, says Janus’ Jeremiah Buckley
Travel

Despite higher energy prices, there’s an opportunity in travel stocks, says Janus’ Jeremiah Buckley

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jeremiah Buckley, equities portfolio manager at Janus Henderson, joins ‘Squawk on the Street’ to discuss technology themes, his top picks in travel stocks, and more. Source

Read More
Golden Week shift: Analyst sees Chinese travelers becoming more ‘tactical’ with spending
Travel

Golden Week shift: Analyst sees Chinese travelers becoming more ‘tactical’ with spending

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Charlotte Zhou, Consumer and Internet A0analyst at China Galaxy International, discusses shifts in consumer behavior during China’s Labor Day “Golden Week.” While overall spending was strong, consumers appeared more cautious and value-driven, with a pivot towards more short-haul domestic trips, opting for […]

Read More
The jet fuel crisis is ‘a slow motion car crash’, says Kpler’s Matt Smith
Travel

The jet fuel crisis is ‘a slow motion car crash’, says Kpler’s Matt Smith

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Matt Smith, Kpler director of commodity research, joins ‘Squawk Box’ to discuss the state of energy prices, impact of rising jet fuel costs on travel, whether the shortage in jet fuel will lead to more flight cancellations, and more. Source

Read More