Air Force One at Joint Base Andrews in Maryland

Trump extracts pledge from Boeing on Air Force One costs

Air Force One at Joint Base Andrews in MarylandBy Melissa Fares PALM BEACH, Fla. (Reuters) – U.S. President-elect Donald Trump extracted a promise from Boeing Co’s chief executive on Wednesday that the cost of replacing Air Force One would not exceed $4 billion, his latest move to use the bully pulpit to pressure companies to help advance his economic agenda. Trump met with Dennis Muilenburg of Boeing and Marillyn Hewson, chief executive of Lockheed Martin Corp – two defense companies he has made an example of since his Nov. 8 election, sending defense shares tumbling with his complaints about projects he said are too expensive.

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