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Started By
Message
Boeing obfuscates about cost of AF1, media eats it up
Posted on 12/6/16 at 12:09 pm
Posted on 12/6/16 at 12:09 pm
LINK
Reuters Politics
8m8 minutes ago
Reuters Politics ?@ReutersPolitics
UPDATE: White House says some of Trump's Air Force One statistics don't appear to reflect arrangements between Boeing, Department of
Kurt Eichenwald
29m29 minutes ago
Kurt Eichenwald ?@kurteichenwald
Is Trump insane? How can there be a multi-billion dollars cost overrun in a 3 week old contract that hasn't even started yet?
David Frum
16m16 minutes ago
David Frum ?@davidfrum
So Trump apparently invented the AF1 deal price, but we are to accept his unverified word that he sold all his stocks in June? LINK …
Frank Luntz
4h4 hours ago
Frank Luntz ?@FrankLuntz
The actual number is $1.65 billion to build two new Air Force One aircraft. ($825 million each)
Not $4 billion.
LINK LINK …
quote:
Later, Boeing issued a statement regarding the Air Force One program, putting the amount of their current contract at just $170 million with more phases to come.
quote:
Trump is likely correct about the $4 billion price tag. Research and development is already at $2.7 billion for first two years, a number that is already budgeted and approved, and the Government Accountability Office warned last year that the cost would be approximately $3.2 billion. By the time the aircraft is delivered, the total cost will be over $4 billion, because the government still has to buy the two aircraft once they are built.
Reuters Politics
8m8 minutes ago
Reuters Politics ?@ReutersPolitics
UPDATE: White House says some of Trump's Air Force One statistics don't appear to reflect arrangements between Boeing, Department of
Kurt Eichenwald
29m29 minutes ago
Kurt Eichenwald ?@kurteichenwald
Is Trump insane? How can there be a multi-billion dollars cost overrun in a 3 week old contract that hasn't even started yet?
David Frum
16m16 minutes ago
David Frum ?@davidfrum
So Trump apparently invented the AF1 deal price, but we are to accept his unverified word that he sold all his stocks in June? LINK …
Frank Luntz
4h4 hours ago
Frank Luntz ?@FrankLuntz
The actual number is $1.65 billion to build two new Air Force One aircraft. ($825 million each)
Not $4 billion.
LINK LINK …
12
Posted on 12/6/16 at 12:11 pm to joshnorris14
He's always 3 steps ahead of them.
Posted on 12/6/16 at 12:12 pm to joshnorris14
So we payed Boeing $170 million to research ways to charge us $4 billion?
Cool
Cool
Posted on 12/6/16 at 12:12 pm to joshnorris14
quote:
Kurt Eichenwald
29m29 minutes ago
Kurt Eichenwald ?@kurteichenwald
Is Trump insane? How can there be a multi-billion dollars cost overrun in a 3 week old contract that hasn't even started yet?
If he tweets fast enough, maybe he can turn back time and help Clinton win.
Posted on 12/6/16 at 12:15 pm to joshnorris14
From Boeing:
Holy shite. "Determine"? The fleecing of America.
quote:
"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.
Holy shite. "Determine"? The fleecing of America.
Posted on 12/6/16 at 12:19 pm to joshnorris14
quote:
Frank Luntz
4h4 hours ago
Frank Luntz ?@FrankLuntz
The actual number is $1.65 billion to build two new Air Force One aircraft. ($825 million each)
Like anyone trusts this butter toothed idiot on anything.
Posted on 12/6/16 at 12:21 pm to Homesick Tiger
I think Rush nailed this one. It's about the cronyism with the Clintons. I take it a step further, shot across the bow to shut down all this recount stuff.
Posted on 12/6/16 at 12:22 pm to joshnorris14
I'm sure we'll see all the retractions, corrections and apologies.
Posted on 12/6/16 at 12:23 pm to joshnorris14
quote:
Government Accountability Office warned last year that the cost would be approximately $3.2 billion. By the time the aircraft is delivered, the total cost will be over $4 billion, because the government still has to buy the two aircraft once they are built.
The GAO report included procurement of the aircraft. There's no additional cost for "buying" them. 3.2 billion is the total expected cost. A lot of money but there's no need to just make up numbers.
Posted on 12/6/16 at 12:23 pm to joshnorris14
quote:
Trump's tweet came just 22 minutes after the Chicago Tribune published comments by Boeing CEO Dennis Muilenburg, who said he worried that Trump's promises of a more protectionist trade policy could hurt his company, which does robust business with China. Muilenburg told the Tribune that he would urge the president-elect to take a warmer stance toward the kinds of trade deals he railed against on the campaign trail, warning, "If we do not lead when it comes to writing these rules, our competitors will write them for us."
LOL
Posted on 12/6/16 at 12:24 pm to joshnorris14
$170 million for an estimate
sounds fishy to me.
sounds fishy to me.
Posted on 12/6/16 at 12:25 pm to VOLhalla
quote:
he GAO report included procurement of the aircraft. There's no additional cost for "buying" them. 3.2 billion is the total expected cost. A lot of money but there's no need to just make up numbers
If the cost estimate in the research phase is 3.2 billion, there's no way it ends up under 4.
Likely closer to 5
Posted on 12/6/16 at 12:25 pm to VOLhalla
Who is making up numbers? Trump said a number. Lots of people said he lied. His numbers were confirmed.
Posted on 12/6/16 at 12:28 pm to Bjorn Cyborg
No, his number wasn't confirmed. It was off by about 800 million.
Posted on 12/6/16 at 12:30 pm to VOLhalla
We'll give him a pass for not saying $4.8B
Posted on 12/6/16 at 12:31 pm to VOLhalla
The item you quoted, from NBC News, said it would be over $4 Billion.
Posted on 12/6/16 at 12:34 pm to joshnorris14
O&M is the lion's share of the IOC of getting a program like that into service...
That puts the cost after the first two years of sustainment right around $4b
That puts the cost after the first two years of sustainment right around $4b
Posted on 12/6/16 at 12:38 pm to Bjorn Cyborg
No I quoted the NBC news article to point out its wrong. It adds on costs of buying the plane when those costs are already factored into the 3.2 billion figure.
You can check it out yourself. Page 158 of the report.
The figure stands at 3.2 billion according to the GAO.
You can check it out yourself. Page 158 of the report.
The figure stands at 3.2 billion according to the GAO.
Posted on 12/6/16 at 12:40 pm to VOLhalla
Question, have you read the Art of the Deal?
Posted on 12/6/16 at 12:42 pm to VOLhalla
So you dispute the final price will be in excess of $4 billion. I bet it will exceed $5 Billion, or would've had Trump not called attention to it.
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