Boeing Could Be the Sole Candidate to Build the Next Air Force One and 2 Other Dow Movers to Watch
The Boeing Co. (NYSE:BA): Current price $109.77
Boeing might be the sole contender for a Pentagon contract to build the next Air Force One early next decade as the company reported that it is examining a United States Air Force request for information regarding the plane issued September 9, and is not prepared to announce a bid. Airbus SAS does not plan to make a proposal based on its double-decker A380 jet, leaving Boeing as the “only credible offerer” for the jet, according to the defense analyst Loren Thompson with the Lexington Institute. The Air Force requires a four-engine plane, and the A380 and Boeing’s 747-8 are the only Western commercial models available.