Air Force One subcontractor laying off 223 after losing job


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 Boeing subcontractor working on the new Air Force One aircraft until getting the boot announced Friday that it was cutting 223 jobs.

In a statement, GDC Technics CEO Brad Foreman said the job cuts are the direct result of Boeing firing the company.

In a letter to the Texas Workforce Commission, GDC said it anticipated most operations at its Fort Worth headquarters would cease. It also would close its San Antonio facility where the Air Force One work was done.

There was no immediate comment Friday from Chicago-based Boeing.

Boeing had sued GDC, accusing it of running into financial problems and missing deadlines, causing millions in damages to Boeing and jeopardizing work critically important to the U.S. Air Force and the president.

In response, GDC countersued Boeing, alleging that Boeing mismanagement caused the delays, 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.

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 said.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Boeing (BA)
4.2134 of 5 stars
$167.26+0.3%N/A-47.12Moderate Buy$222.41
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