Trump Meets With CEO of Boeing to Negotiate

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On Tuesday, Boeing CEO Dennis Muilenburg visited Trump Tower to discuss and negotiate with president-elect Trump about lowering the cost of the Air Force One presidential aircraft and its fleet.

Muilenburg told reporters that he and Trump “made progress,” and a deal could be struck in the “near term.”

Boeing and other defense contractors have been pressured by Trump to cut better fiscal deals in the U.S.

In December, Trump took to Twitter to call out Boeing regarding the $4 billion contract for Air Force One, claiming it was “too expensive.” He then also demanded the company to submit a bid for building a better and cheaper F/A-18 Super Hornet fighter jet to compete with the over-budgeted Lockheed Martin’s F-35 fighter.

“We made some great progress on simplifying requirements for Air Force One, streamlining the process, streamlining certification by using commercial practices,” Muilenburg told reporters following his “excellent conversation” with the president-elect. “That’s going to lead to substantial cost reductions.”

Furthermore, the CEO of the Chicago-based aerospace and defense company praised Trump for his business tactics in negotiation:

“I think Mr. Trump is doing a great job of engaging businesses. If you want manufacturing jobs — aerospace is the place to invest. We’re proud to take on that mission and I think Mr Trump’s engagement with industry is going to help us grow manufacturing jobs in this country. I appreciate the teamwork approach on this – I think it’s the right way to do business.”

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