Boeing Faces Air Force One Delays, Musk Involved

Boeing's delivery of two new Air Force One jets has faced significant delays and cost overruns, leading to frustration from President Donald Trump. Originally set for delivery in 2024, the timeline has now extended to 2027 and 2028, with costs exceeding $2 billion over budget. To address these issues, Boeing CEO Kelly Ortberg has enlisted the help of Elon Musk, who is assisting in navigating technical and non-value-added constraints, potentially by lowering security clearance standards for workers. Trump has considered alternatives, such as purchasing a used Boeing aircraft, due to the prolonged delays. The aircraft replacement project has also been complicated by fixed-price contracts and the need for highly specialized modifications. Despite Musk's involvement, Boeing's stock has seen a decline over the past year amid these challenges.