The sale could save the Air Force millions of dollars, and comes after then president-elect Donald Trump said in December that the Air Force One replacement project costs were "ridiculous."
Speaking on condition of anonymity, a source close to the deal yesterday told AFP that Boeing is set to sell a pair of 747-8 jetliners to the Air Force.
Air Force One is actually two planes -- one for the president and a spare.
"We're still working toward a deal to provide two 747-8s to the Air Force," Boeing told AFP.
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A final deal could be announced in the coming weeks.
According to the Defence One news website, which first reported the deal, Transaero had initially ordered four Boeing jets before it went bankrupt.
Boeing had flight-tested two of the jets and they are now housed at the Southern California Logistics Airport, Defence One said.
Converting a pair of 747-8 jumbo jets to state-of-the-art luxury command centres by 2022 has been estimated to cost USD 3.2 billion, but overruns and delays could push the price tag higher.
Boeing sells 747-8s at about USD 390 million apiece, but defensive technologies, fancy interiors and other enhancements would massively add to the overall cost.
It remains to be seen if the Air Force will struggle with the optics of using formerly Russia-destined planes to become the flagship carrier of US presidents and an emblem of US power projection.
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