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Observer
05-08-2025
- Business
- Observer
Boeing workers who make fighter jets go on strike
About 3,200 machinists who build Boeing fighter jets in the St. Louis area walked off the job Monday, after their union failed to reach an agreement with the aircraft manufacturer. The strike, which the union said began at midnight, was the first in nearly three decades for the local chapter of the International Association of Machinists and Aerospace Workers, IAM District 837. In announcing the strike, the union rejected the increase to wages and retirement contributions that the company was offering. When the union last went on strike, in 1996, the work stoppage lasted 99 days. 'IAM District 837 members have spoken loud and clear, they deserve a contract that reflects their skill, dedication, and the critical role they play in our nation's defense,' Tom Boelling, the top official at the union's St. Louis chapter, said in a statement. Last week, Boeing reported $22.7 billion in revenue for its latest financial quarter, the company's largest quarterly revenue figure in six years. But the strike could put added pressure on the company, which generates about 30% of its revenue from its defense and space division. Even with its impressive revenue haul, Boeing reported a loss of $612 million in the quarter, as it continues to battle back from a series of damaging incidents over the last several years. Last year, Boeing faced a crisis when a poorly installed panel blew off a Boeing 737 Max jet during a flight. And the Max was involved in two fatal crashes in 2018 and 2019. 'We're disappointed our employees rejected an offer that featured 40% average wage growth and resolved their primary issue on alternative work schedules,' Dan Gillian, vice president of Boeing Air Dominance and general manager and senior executive at the St. Louis site, said in an emailed statement. Gillian said Boeing had prepared for the work stoppage and 'has fully implemented our contingency plan to ensure our nonstriking work force can continue supporting our customers.' Members of the St. Louis local help build fighter aircraft such as the F-15 and the T-7 training jet while also manufacturing components for Boeing's 777X commercial jets. Last year, a two-month strike brought production of the Max to a near standstill. But that strike involved 30,000 employees, significantly more than the number threatening to strike in St. Louis. This article originally appeared in
Los Angeles Times
04-08-2025
- Business
- Los Angeles Times
Thousands of Boeing workers who build fighter jets and weapons go on strike
NEW YORK — Several thousand workers at three Midwest manufacturing plants where Boeing develops military aircraft and weapons went on strike early Monday, potentially complicating the aerospace company's progress in regaining its financial footing. The strike started at Boeing facilities in St. Louis; St. Charles, Missouri; and Mascoutah, Illinois, after about 3,200 local members of the International Association of Machinists and Aerospace Workers voted Sunday to reject a modified four-year labor agreement, the union said. 'IAM District 837 members build the aircraft and defense systems that keep our country safe,' Sam Cicinelli, the general vice president of the union's Midwest division, said in a statement. 'They deserve nothing less than a contract that keeps their families secure and recognizes their unmatched expertise.' The vote followed a weeklong cooling-off period after the machinists rejected an earlier proposed contract, which included a 20% wage increase over four years and $5,000 ratification bonuses. Boeing warned over the weekend that it anticipated the strike after workers rejected its latest offer, which did not further boost the proposed wage hike. However, the proposal removed a scheduling provision that would have affected workers' ability to earn overtime pay. 'We're disappointed our employees rejected an offer that featured 40% average wage growth and resolved their primary issue on alternative work schedules,' said Dan Gillian, Boeing Air Dominance vice president and general manager, and senior St. Louis site executive. 'We are prepared for a strike and have fully implemented our contingency plan to ensure our non-striking workforce can continue supporting our customers.' Boeing's Defense, Space & Security business accounts for more than one-third of the company's revenue. But Boeing CEO Kelly Ortberg told analysts last week that the impact from a strike by the machinists who build fighter jets, weapons systems and the U.S. Navy's first carrier-based unmanned aircraft would be much less than a walkout last year by 33,000 workers who assemble the company's commercial jetliners. 'The order of magnitude of this is much, much less than what we saw last fall,' Ortberg said. 'So we'll manage through this. I wouldn't worry too much about the implications of the strike.' The 2024 strike that shut down Boeing's factories in Washington state for more than seven weeks at a bleak time for the company. Boeing came under several federal investigations last year year after a door plug blew off a 737 Max plane during an Alaska Airlines flight in January. The Federal Aviation Administration put limits on Boeing airplane production that it said would last until the agency felt confident about manufacturing quality safeguards at the company. The door-plug incident renewed concerns about the safety of the 737 Max. Two of the planes crashed less than five months apart in 2018 and 2019, killing 346 people. Ortberg told analysts that the company has slowly worked its way up to an FAA-set 737 Max production cap of 38 per month and expects to ask regulators later this year for permission to go beyond it. Last week, Boeing reported that its second-quarter revenue had improved and its losses had narrowed. The company lost $611 million in the second quarter, compared to a loss of $1.44 billion during the same period last year. Shares of Boeing Co. slipped less than 1% before the opening bell Monday. Bussewitz writes for the Associated Press.
Al Jazeera
04-08-2025
- Business
- Al Jazeera
Builders of Boeing weapons and fighter jets go on strike
Thousands of workers at Boeing plants across the United States that develop military aircraft and weapons have gone on strike. The strike began Monday at Boeing facilities in St Louis and St Charles, Missouri, as well as Mascoutah, Illinois, after failed negotiations over wage increases and other provisions of a new contract. About 3,200 local members of the International Association of Machinists and Aerospace Workers voted Sunday to reject a modified four-year labour agreement, the union said. 'IAM District 837 members build the aircraft and defense systems that keep our country safe,' Sam Cicinelli, the general vice president of the union's Midwest division, said in a statement. 'They deserve nothing less than a contract that keeps their families secure and recognizes their unmatched expertise.' The vote followed a weeklong cooling-off period after the workers rejected an earlier proposed contract, which included a 20 percent wage increase over four years and $5,000 ratification bonuses. Boeing warned over the weekend that it anticipated the strike after workers rejected its latest offer, which did not further boost the proposed wage hike. However, the proposal removed a scheduling provision that would have affected workers' ability to earn overtime pay. 'We're disappointed our employees rejected an offer that featured 40 percent average wage growth and resolved their primary issue on alternative work schedules,' said Dan Gillian, Boeing Air Dominance vice president and general manager, and senior St Louis site executive. 'We are prepared for a strike and have fully implemented our contingency plan to ensure our non-striking workforce can continue supporting our customers.' Boeing's Defense, Space & Security business accounts for more than one-third of the company's revenue. But Boeing CEO Kelly Ortberg told analysts last week that the impact from a strike by the machinists who build fighter jets, weapons systems and the US Navy's first carrier-based unmanned aircraft would be much less than a walkout last year by 33,000 workers who assemble the company's commercial jetliners. 'The order of magnitude of this is much, much less than what we saw last fall,' Ortberg said. 'So we'll manage through this. I wouldn't worry too much about the implications of the strike.' The 2024 strike shut down Boeing's factories in Washington state for more than seven weeks at a bleak time for the company. Boeing came under several federal investigations last year after a door plug blew off a 737 Max plane during an Alaska Airlines flight in January. The Federal Aviation Administration put limits on Boeing plane production that it said would last until the agency felt confident about manufacturing quality safeguards at the company. The door-plug incident renewed concerns about the safety of the 737 Max. Two of the planes crashed less than five months apart in 2018 and 2019, killing 346 people. Ortberg told analysts that the company has slowly worked its way up to an FAA-set 737 Max production cap of 38 per month and expects to ask regulators later this year for permission to go beyond it. Last week, Boeing reported that its second-quarter revenue had improved and its losses had narrowed. The company lost $611m in the second quarter, compared to a loss of $1.44bn during the same period last year. Boeing's stock tumbled on the news of the strike. Trending downwards earlier in the day, it has since been trending upwards, but is still below the market open by 0.26 percent as of 12:30pm ET (16:30 GMT).
Powys County Times
04-08-2025
- Business
- Powys County Times
Thousands of Boeing workers who build fighter jets and weapons go on strike
Several thousand workers at three Midwest manufacturing plants where Boeing develops military aircraft and weapons have gone on strike, potentially complicating the aerospace company's progress in regaining its financial footing. The strike started at Boeing facilities in St Louis; St Charles, Missouri; and Mascoutah, Illinois, after about 3,200 local members of the International Association of Machinists and Aerospace Workers voted on Sunday to reject a modified four-year labour agreement, the union said. 'IAM District 837 members build the aircraft and defence systems that keep our country safe,' Sam Cicinelli, the general vice president of the union's Midwest division, said in a statement. 'They deserve nothing less than a contract that keeps their families secure and recognises their unmatched expertise.' The vote followed a week-long cooling-off period after the machinists rejected an earlier proposed contract, which included a 20% wage increase over four years and 5,000 dollars ratification bonuses. Boeing warned over the weekend that it anticipated the strike after workers rejected its latest offer, which did not further boost the proposed wage hike. However, the proposal removed a scheduling provision that would have affected workers' ability to earn overtime pay. 'We're disappointed our employees rejected an offer that featured 40% average wage growth and resolved their primary issue on alternative work schedules,' said Dan Gillian, Boeing Air Dominance vice president and general manager, and senior St Louis site executive. 'We are prepared for a strike and have fully implemented our contingency plan to ensure our non-striking workforce can continue supporting our customers.' Boeing's Defence, Space & Security business accounts for more than one-third of the company's revenue. But Boeing CEO Kelly Ortberg told analysts last week that the impact from a strike by the machinists who build fighter jets, weapons systems and the US Navy's first carrier-based unmanned aircraft would be much less than a walkout last year by 33,000 workers who assemble the company's commercial jetliners. 'The order of magnitude of this is much, much less than what we saw last fall,' Mr Ortberg said. 'So we'll manage through this. I wouldn't worry too much about the implications of the strike.' The 2024 strike that shut down Boeing's factories in Washington state for more than seven weeks at a bleak time for the company. Boeing came under several federal investigations last year year a door plug blew off a 737 Max plane during an Alaska Airlines flight in January. The Federal Aviation Administration put limits on Boeing plane production that it said would last until the agency felt confident about manufacturing quality safeguards at the company. The door-plug incident renewed concerns about the safety of the 737 Max. Two of the planes crashed less than five months apart in 2018 and 2019, killing 346 people. Mr Ortberg told analysts that the company has slowly worked its way up to an FAA-set 737 Max production cap of 38 per month and expects to ask regulators later this year for permission to go beyond it. Last week, Boeing reported that its second-quarter revenue had improved and its losses had narrowed. The company lost 611 million dollars in the second quarter, compared to a loss of 1.44 billion dollars during the same period last year. Shares of Boeing Co slipped less than 1% before the opening bell on Monday.
Irish Examiner
04-08-2025
- Business
- Irish Examiner
Thousands of Boeing workers who build fighter jets and weapons go on strike
Several thousand workers at three Midwest manufacturing plants where Boeing develops military aircraft and weapons have gone on strike, potentially complicating the aerospace company's progress in regaining its financial footing. The strike started at Boeing facilities in St Louis; St Charles, Missouri; and Mascoutah, Illinois, after about 3,200 local members of the International Association of Machinists and Aerospace Workers voted on Sunday to reject a modified four-year labour agreement, the union said. 'IAM District 837 members build the aircraft and defence systems that keep our country safe,' Sam Cicinelli, the general vice president of the union's Midwest division, said in a statement. 'They deserve nothing less than a contract that keeps their families secure and recognises their unmatched expertise.' The Boeing factory (Lindsey Wasson/AP) The vote followed a week-long cooling-off period after the machinists rejected an earlier proposed contract, which included a 20% wage increase over four years and 5,000 dollars ratification bonuses. Boeing warned over the weekend that it anticipated the strike after workers rejected its latest offer, which did not further boost the proposed wage hike. However, the proposal removed a scheduling provision that would have affected workers' ability to earn overtime pay. 'We're disappointed our employees rejected an offer that featured 40% average wage growth and resolved their primary issue on alternative work schedules,' said Dan Gillian, Boeing Air Dominance vice president and general manager, and senior St Louis site executive. 'We are prepared for a strike and have fully implemented our contingency plan to ensure our non-striking workforce can continue supporting our customers.' Boeing's Defence, Space & Security business accounts for more than one-third of the company's revenue. But Boeing CEO Kelly Ortberg told analysts last week that the impact from a strike by the machinists who build fighter jets, weapons systems and the US Navy's first carrier-based unmanned aircraft would be much less than a walkout last year by 33,000 workers who assemble the company's commercial jetliners. 'The order of magnitude of this is much, much less than what we saw last fall,' Mr Ortberg said. 'So we'll manage through this. I wouldn't worry too much about the implications of the strike.' The 2024 strike that shut down Boeing's factories in Washington state for more than seven weeks at a bleak time for the company. Boeing came under several federal investigations last year year a door plug blew off a 737 Max plane during an Alaska Airlines flight in January. The Federal Aviation Administration put limits on Boeing plane production that it said would last until the agency felt confident about manufacturing quality safeguards at the company. The door-plug incident renewed concerns about the safety of the 737 Max. Two of the planes crashed less than five months apart in 2018 and 2019, killing 346 people. Mr Ortberg told analysts that the company has slowly worked its way up to an FAA-set 737 Max production cap of 38 per month and expects to ask regulators later this year for permission to go beyond it. Last week, Boeing reported that its second-quarter revenue had improved and its losses had narrowed. The company lost 611 million dollars in the second quarter, compared to a loss of 1.44 billion dollars during the same period last year. Shares of Boeing Co slipped less than 1% before the opening bell on Monday.
