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.”
"BUILD THE WALL" bumper stickers now on sale. (BUY NOW)
If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).
To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.
Sign up to get breaking news alerts from Dennis Michael Lynch.
Trump Convinces GM to Invest and Create Jobs in the U.S.