Air Force One consists of two planes.
The White House said on Wednesday it had signed a $3.9 billion contract with aircraft manufacturer Boeing to purchase two Air Force Ones.
Trump said that the new Air Force One plane would still take a long time before being put into service for future presidents. It is scheduled to replace the existing pair of fortified Boeing 747s in six years.
"President Trump negotiated a good deal on behalf of the American people", the company said at the time. The statement also claimed that the deal represented a savings of more than $1.4 billion when compared with an initial proposal for a $5.3 billion cost-plus contract.
The White House website describes Air Force One as "any Air Force aircraft carrying the President", but points out that "it is now standard practice to use the term to refer to specific planes equipped to transport the Commander-in-Chief".
Knowing Kennedy's affinity for blue, the designer came up with the paint scheme that is now synonymous with the presidential planes, using slate and cyan blue for the middle and wings, and leaving the top of the plane white with a silver underside.
A swath of baby blue covers the nose and sweeps back along each side of the fuselage. The lettering was changed to a font inspired by the heading of the Declaration of Independence.
When will Air Force One be ready?
The plane is immediately recognized around the world.
According to Boeing, the two new 747-8 planes are created to be an airborne White House, each with a communications suite, internal and external stairs, large galleys and other equipment.
"Red, white and blue".
Some accounts suggest Kennedy rejected the Air Force's red and gold theme because it looked "too imperial".
The current Air Force One model has been used for the past three decades.
"I said, "I wonder if we should use the same baby blue colours?' And we're not".
Mr. Trump said he's giving the plane a more patriotic paint scheme. The presidential aircraft is a prominent symbol of the American presidency and its power. In the weeks after Trump's election, he tweeted that the cost of the new 747 airplanes being developed by Boeing was "out of control" and he threatened to cancel the development.
Trump revealed there will be two new Boeing 747-8s and their colors will differ for the first time since Jacqueline Kennedy recommended the current palette in 1962.