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Boeing picked to replace Air Force One

The Pentagon has picked the Boeing 747-8 as the next Air Force One. | AP file photo

Boeing Co.’s 747-8 plane has been picked to serve as Air Force One for the president. The Pentagon on Wednesday announced the replacement for the two Boeing 747-200s now used by the president. The Pentagon has earmarked $1.65 billion for two jets but didn’t detail the expected cost or delivery dates for the new planes, MarketWatch reported.