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Boeing CEO says meeting with Trump "very productive"

Jan. 17, 2017 12:33 PM ETThe Boeing Company (BA) StockBABy: Carl Surran, SA News Editor16 Comments
  • Boeing (BA -0.5%) CEO Dennis Muilenburg says he had a "very productive" meeting with Pres.-elect Trump and is encouraged by progress in talks on the Air Force One replacement fleet and on fighter jets.
  • Muilenburg cites progress in simplifying requirements and streamlining the certification process for Air Force One.
  • The two met last month, and Trump said he asked Boeing to offer its older-generation F/A-18 Super Hornet fighter jet as a possible alternative to Lockheed's F-35; Trump had previously threatened to cancel Boeing's Air Force One presidential aircraft sale and extracted a pledge from Boeing to keep the cost of the program below $4B.

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