On Tuesday, President-elect Donald Trump decried the cost of a very important plane, tweeting, “Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!” Boeing then disputed Mr. Trump’s numbers, saying their contract was worth only $170 million. Turns out, unlike other Twitter rants, Trump was kind of right this time. But on The Gist, analyst Todd Harrison warns that lowering the cost of Air Force One might involve some compromises, like outsourcing the contract to a foreign company. Harrison is a director at the Center for Strategic and International Studies.
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