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President-elect says new Air Force One too costly: 'Cancel order!'

But the current double-decker 747-200s, first ordered by Ronald Reagan and put into service in 1990, are getting old.

The current double-decker 747-200s used as Air Force One, first ordered by Ronald Reagan and put into service in 1990, are getting old

"Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!" Trump tweeted.

Converting a pair of 747-8 jumbo jets to state-of-the-art luxury command centers by 2024 had been estimated to cost $3 billion when Boeing was picked for the job in January 2015.

The legendary light blue and white liveried jets -- "United States of America" emblazoned on the fuselage and an American flag on the tail -- are a powerful symbol of US might.

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Earlier this year, the Air Force issued the first of a series of contracts for the project to build new ones.

Ironically, it was a $25.7 million effort to look at ways to cut the costs of fielding the next presidential aircraft.

Instead, cost projections have apparently ballooned, prompting Trump's outburst.

"I think Boeing is doing a little bit of a number. We want Boeing to make a lot of money, but not that much money," the president-elect told reporters at Trump Tower, his Manhattan headquarters.

He said the estimated $4 billion cost was "totally out of control" and "ridiculous."

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Boeing had no immediate comment.

Prestige items like Air Force One have been targeted before because of spiralling costs.

In 2009, President Barack Obama halted a project to replace the Marine One helicopters that ferry the president.

Costs had soared to nearly $11.5 billion after the 28 helicopters were ordered in 2005.

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