U.S. President Donald Trump has reached an agreement with the Boeing Co (BA.N) to provide two Air Force One planes for $3.9 billion, the White House said on Tuesday.
The “informal deal” will need to be codified in a formal contract with comprehensive, complex terms and conditions said Franklin Turner, a partner specializing in government contracts at law firm McCarter & English, suggesting a final deal was still a ways off.
Click to read full article: “White House Reaches Informal Deal with Boeing for Air Force One“