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Boeing (NYSE:BA) is enlisting the help of Tesla (NASDAQ:TSLA) and SpaceX CEO Elon Musk to meet requirements for the long-delayed Air Force One program, following complaints from U.S. President Donald Trump about delivery delays, CEO Kelly Ortberg said Thursday.
Speaking at the Barclays Industrial Select Conference, Ortberg noted Musk's involvement in streamlining the process. "Elon Musk is actually helping us a lot in working through the requirements ... so that we can move faster and get the president those airplanes delivered," he told analysts and investors.
Trump has publicly criticized Boeing for not delivering the modified 747s on time and suggested his administration "might have to do something else" if delays continue.
Ortberg also discussed Boeing's broader operations, stating that he plans to bring U.S. Transportation Secretary Sean Duffy and Federal Aviation Administration (FAA) officials to Seattle to inspect production of the company's best-selling 737 MAX.
Despite challenges, Boeing expects to increase 737 MAX production to 38 jets per month by mid-2025. However, its supply chain team is evaluating the potential impact of a recent fire at a U.S. fastener manufacturer, which could affect production.
This article first appeared on GuruFocus.