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A proposed style for the VC-25B is displayed in one artist's rendering.

You are watching: Cost of the new air force one

Boeing graphic.

This story to be updated to totally reflect a current Air Force expense estimate.

The next Air force One jet will cost $5.2 billion overall, follow to the Pentagon’s very first formal acquisition report top top the presidential aircraft.

That’s about the exact same as the total cost the air Force noted to Defense One in March, i beg your pardon is significantly an ext than ahead projections. The $4.7 billion breakthrough cost listed in the service’s fiscal 2020 spending plan covers the price of the jets, if the $5.2 billion also includes the cost of hangar construction, engineering, and also more.

In 2016, the federal government Accountability Office projected the Presidential plane Recapitalization regime would full $3.2 billion with 2020, including breakthrough and procurement.

Two convert Boeing 747-8s—dubbed VC-25B—will replace older jets together the “flying White House” in 2024. The airframes were developed for a now-bankrupt Russian airline but were never ever delivered. In at an early stage 2017, chairman Trump stated he negotiated through Boeing to reduced the price by around $1 billion; the Pentagon said last summer Boeing would get $3.9 billion to develop the two jets.

Also notable: the air Force more than doubled its spending estimate for Lockheed Martin’s share Air-to-Surface Standoff Missile to enhance a planned jump in the variety of weapons it will buy, according to a review of the Pentagon’s most recent Selected acquisition Reports. The JASSM regime is slated to grow from $4.7 billion to about $10 billion together the stockpile grows by an ext than 4,000 missiles to total 7,200 weapons.

The waiting Force’s 2020 budget, exit in March, claimed 7,200 missiles will cost $9.4 billion—about $500 million much less than is listed in the SAR summary. The program consists of the baseline variant, an extended-range variant, and also an “extreme-range” variant referred to as the AGM-158D.

JASSM is the waiting Force’s stealthy, long-range typical cruise missile, which would certainly be a an essential munition in a campaign against a modern air defense system. Its make reservation projection indicates the Air pressure is taking steps to enhance its stealthy fifth-generation fighters and bombers with likewise low-profile weapons. JASSM variants will certainly fly top top the B-1, B-2, B-52, F-15, F-16, and also F-35, according to Lockheed.

The SAR summary additionally shows the national Security an are Launch program will cost around 7 percent more, totaling $61.3 billion, as the Air force seeks brand-new rocket providers and plans to require 179 launch services. The share Direct assault Munition program will likewise grow about by 34,000 tailkits come total much more than 370,000 devices for $12.5 billion.

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The slate of major Air force acquisitions—not all of which room covered in the summary—are currently planned to cost around $270 billion as of march 11, a 5.6 percent increase over the last reporting round.