Air Force One subcontractor countersues Boeing over delays

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In this March 11, 2019 file photo, the Boeing logo appears above a trading post on the floor of the New York Stock Exchange before the opening bell. Boeing is suing a subcontractor it hired to work on new Air Force One planes that will carry the president of the United States. Boeing says a subcontractor on in Fort Worth, Texas, missed deadlines for work on the planes. (AP Photo/Richard Drew, File)

FORT WORTH, Texas (AP) — A subcontractor working on the new Air Force One aircraft for Boeing countersued the Chicago-based aircraft giant Friday over Boeing's allegations of missed deadlines for work on the presidential aircraft.

In a seven-page lawsuit filed in state district court in Fort Worth, GDC Technics LLC seeks more than $20 million in damages from Boeing.

The lawsuit alleges that Boeing’s mismanagement caused the delays, not GDC’s actions. The Fort Worth-based subcontractor contends that Boeing failed in its contractual obligations to the subcontractors, including failing to pay what GDC was due for its work. It also alleges that Boeing has damaged GDC’s reputation with the Pentagon.

There was no immediate comment Friday from Boeing.

Boeing had alleged GDC ran into financial problems and missed deadlines, causing millions in damages to Boeing and jeopardizing work critically important to the U.S. Air Force and the president.

The U.S. Air Force awarded Boeing a $3.9 billion contract in 2018 to convert two Boeing 747-8 planes into the iconic presidential jets and deliver them by December 2024. Boeing hired GDC for work on Air Force One and other executive planes used to carry government officials.

Boeing is currently working on electrical power upgrades, communication systems, executive interiors and other work on the planes at a Boeing facility in San Antonio, a Boeing spokeswoman has said.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Boeing (BA)
4.1124 of 5 stars
$166.81+1.5%N/A-45.33Moderate Buy$222.41
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