Trump criticized Boeing on Tuesday for what he called "out of control" costs associated with a project to build two new Air Force One jets. He called for the federal government to cancel the company's contract.

"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 wrote in a message on Twitter (TWTR).

Trump later spoke to reporters in the lobby of Trump Tower in New York, saying the project is "ridiculous."

"I think Boeing is doing a little bit of a number," Trump said. "We want Boeing to make a lot of money but not that much money."

Boeing issued a statement saying the Chicago-based company is currently under contract for $170 million to "help determine the capabilities of these complex military aircraft that serve the unique requirements of the President of the United States."