Boeing announced during an earnings call Tuesday that it recently took another massive financial hit as it works to deliver two new Air Force One presidential planes. The company’s previously reported cost overruns amounted to $2.8 billion in 2024, according to Aviation Week. Boeing announced that it took another $280 million hit on the Air Force One project on Tuesday. Air Force One jets have to be equipped with state-of-the-art communications and defensive systems to protect the commander-in-chief, which makes their development expensive and complicated. Trump has long complained about Boeing’s cost overruns and delays for the new Air Force Ones.