<div id="readability-page-1">The two Boeing 747-8 jets being built to serve as the next Air Force One were supposed to be a straightforward, if expensive, upgrade. Instead, the program has become one of the Pentagon’s most visible financial disasters, with costs now exceeding $4.3 billion, delivery potentially years away, and Boeing hemorrhaging money on a contract it […]</div>

ARKX

BOEU

<p>The Air Force One replacement program, involving two Boeing 747-8 jets, has turned into a significant financial disaster for the Pentagon, with costs surpassing $4.3 billion and potential delivery delays of several years. Boeing is facing substantial financial losses on this contract.</p>

Boeing

ISHRS Aero & Def

Invesco Aero & Defense ETF

ARK Space Exploration & Innovation ETF

Direxion Daily BA Bull 2X Shares

SPDR S&P Aerospace & Def

Boeing Company

Replacing Air Force One turns into a multibillion-dollar mess