Aircraft
GAO: Delay Risks Remain for New Air Force Ones
Converting a pair of existing 747-8 airliners to presidential duty presents a host of expensive problems.

A new report from the Government Accountability Office (GAO) outlines four significant schedule risks to Boeing’s new Air Force One (VC-25B) program for the U.S. Air Force. The program is already two years late and an estimated $1.2 billion over budget, much of which will be absorbed by Boeing. According to the GAO, the unit cost of each program aircraft has risen to more than $2.6 billion, with software accounting for 20 percent of program costs.