Company Focus·1 min read·5 August 2026·COMPANY FOCUS · BOEING
Boeing: Air Force One Bleeds Cash, F-47 Takes Wing
Analysis of Boeing: Air Force One Bleeds Cash, F-47 Takes Wing activity.
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Sources
16 primary documents
Defence industryBoeingAir Force OneF-47MQ-28 Ghost Bat
Overview
Boeing’s defence portfolio saw mixed fortunes in July. While the F-47 program chugged along towards its 2028 flight, the Air Force One replacement hemorrhaged cash, accruing a $280M charge and pushing total losses past $3B. Meanwhile, Boeing’s MQ-28 Ghost Bat uncrewed aircraft stole the spotlight at Farnborough and participated in Exercise Valiant Shield. As the global defence landscape shifts, expect Boeing to push hard on international sales and strategic partnerships.
Technology & Capability Trends
Technology
Mentions
Assessment
MQ-28 Ghost Bat
4
Gaining traction as collaborative combat aircraft; first multinational exercise participation.
Uncrewed Aircraft
2
Boeing’s unmanned systems increasingly visible in international exercises and procurement.
Air Force One Replacement
1
Behind schedule, over budget, but on track for 2028 delivery.
Contract & Market Landscape
Deal
Value (USD)
Geography
Notes
F-47 Program
$18500.0M
United States
First flight expected in 2028; at least 185 planned for procurement.
Air Force One Replacement
$5000.0M
United States
Overruns push total cost over $5B.
What to Watch
Air Force One Costs: Will Boeing contain escalating costs or face further delays?
F-47 Flight: Keep an eye on the first flight in 2028 and procurement plans.
MQ-28 International Sales: Which countries will be the first to adopt Boeing’s collaborative combat aircraft?