financetom
Business
financetom
/
Business
/
US has tasked L3Harris to ready interim presidential plane by year-end, WSJ says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US has tasked L3Harris to ready interim presidential plane by year-end, WSJ says
May 25, 2025 11:04 PM

(Reuters) - The U.S. government has commissioned defense contractor L3Harris Technologies ( LHX ) to overhaul a Boeing 747 formerly used by the Qatari government to use as an interim Air Force One, the Wall Street Journal reported on Thursday.

President Donald Trump, frustrated by the delays on Boeing's ( BA ) Air Force One, wants to have the plane available for use as early as the fall, the WSJ report said, citing people familiar with the matter.

Boeing's ( BA ) Air Force One program has been troubled by supply chain issues, high costs, and the complexity of the planes that are intended to be an airborne White House, pushing the delivery towards the end of Trump's second presidential term.

The planemaker, beset with major controversies over the past few years, had indicated to federal officials around the November elections that the delivery would not be possible until around 2035, the report said, citing people familiar with the talks.

Boeing ( BA ) did not immediately respond to a Reuters request for comment, while L3Harris ( LHX ) declined to comment.

L3Harris ( LHX ) has been a contractor to Boeing ( BA ), working on communications systems for the pair of replacement Air Force Ones, the report said. The interim jet would serve alongside the current pair of ageing jets.

(This story has been refiled to add a dropped word in the headline)

(Reporting by Sameer Manekar and Harshita Meenaktshi in Bengaluru; Editing by Devika Syamnath)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Innodata Insider Sold Shares Worth $1,907,702, According to a Recent SEC Filing
Innodata Insider Sold Shares Worth $1,907,702, According to a Recent SEC Filing
Nov 15, 2024
03:26 AM EST, 11/15/2024 (MT Newswires) -- Louise C Forlenza, Director, on November 13, 2024, sold 42,984 shares in Innodata ( INOD ) for $1,907,702. Following the Form 4 filing with the SEC, Forlenza has control over a total of 14,052 shares of the company, with 12,278 shares held directly and 1,774 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/903651/000110465924119393/xslF345X05/tm2428538-1_4seq1.xml ...
Resolute CEO still held in Mali, diplomatic sources say, as shares suspended
Resolute CEO still held in Mali, diplomatic sources say, as shares suspended
Nov 15, 2024
BAMAKO, Nov 14 (Reuters) - Resolute Mining ( RMGGF ) CEO Terence Holohan and two other employees of the Australian company were still being detained in Mali on Thursday, two diplomatic sources there told Reuters. Resolute said on Sunday that Holohan and the two other employees had been temporarily detained by government officials in the military-led West African country. It...
GXO Logistics' Wincanton Acquisition Placed Under In-Depth Probe by UK Regulator
GXO Logistics' Wincanton Acquisition Placed Under In-Depth Probe by UK Regulator
Nov 15, 2024
08:37 AM EST, 11/14/2024 (MT Newswires) -- GXO Logistics' ( GXO ) completed acquisition of Wincanton was referred by the Competition and Markets Authority for an in-depth investigation, the UK regulator said Thursday. The regulator said it made the referral because it is or may be the case that this merger may be expected to result in a substantial lessening...
Impinj Insider Sold Shares Worth $2,809,589, According to a Recent SEC Filing
Impinj Insider Sold Shares Worth $2,809,589, According to a Recent SEC Filing
Nov 15, 2024
03:37 AM EST, 11/15/2024 (MT Newswires) -- Jeffrey Dossett, Chief Revenue Officer, on November 13, 2024, sold 15,000 shares in Impinj ( PI ) for $2,809,589. Following the Form 4 filing with the SEC, Dossett has control over a total of 65,294 shares of the company, with 65,294 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1114995/000141588924026897/xslF345X05/form4-11142024_111133.xml Price: 182.00, Change: -0.73, Percent Change:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved