Business Insights
  • Home
  • Crypto
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Forex
  • Videos
  • Economy
  • Tech
  • Contact

Archives

  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • August 2023
  • January 2023
  • December 2021
  • July 2021
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Business
  • Crypto
  • Economy
  • Finance Expert
  • Forex
  • Invest News
  • Investing
  • Tech
  • Trading
  • Uncategorized
  • Videos
Apply Loan
Money Visa
Advertise Us
Money Visa
  • Home
  • Crypto
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Forex
  • Videos
  • Economy
  • Tech
  • Contact
US Boeing defense workers slated to strike after rejecting latest offer | US news
  • Business

US Boeing defense workers slated to strike after rejecting latest offer | US news

  • August 3, 2025
  • Roubens Andy King
Total
0
Shares
0
0
0
Total
0
Shares
Share 0
Tweet 0
Pin it 0

More than 3,200 unionized workers who assemble Boeing’s fighter jets in the St Louis area rejected Boeing’s latest offer on Sunday and will strike at midnight on Monday, the International Association of Machinists and Aerospace Workers union said.

“IAM District 837 members … deserve a contract that reflects their skill, dedication, and the critical role they play in our nation’s defense,” the union’s business representative, Tom Boelling, said.

Last week, Boeing sent a new contract offer to the union with some minor compensation changes that would benefit senior union members, according to the company. The offer also kept current overtime policies, which Boeing had proposed modifying in the last contract offer.

The union had rejected the previous offer, saying that the offer was insufficient.

Boeing has said that if the contract offer had been approved, the average annual wage would have risen to $102,600 – up from $75,000.

Dan Gillian, Boeing Air Dominance’s vice-president and general manager and a senior St Louis site executive, told the St Louis Business Journal: “We’re disappointed our employees rejected an offer that featured 40% average wage growth and resolved their primary issue on alternative work schedules. We are prepared for a strike and have fully implemented our contingency plan to ensure our non-striking workforce can continue supporting our customers.”

The workers assemble Boeing’s fighter jets and the MQ-25, an aerial refueling drone being developed for the US navy.

This would be the first strike that Boeing has faced at its St Louis defense hub since 1996.

Boeing’s defense division is expanding manufacturing facilities in the St Louis area for the new US Air Force fighter, the F-47, after it won the contract this year.

Boeing’s CEO, Kelly Ortberg, said last week that the planned strike would be much smaller than that of the 30,000-worker strike last ​year, when the company took a $661m charge on its KC-46 tanker development contract with the US air force.

“We’ll manage through this,” Ortberg said during an earnings call. “I wouldn’t worry too much about the implications of the strike.”

Boeing currently holds contracts for several major Defense Department programs, according to Defense News, including the air force’s F-47 and F-15EX fighters, T-7 training jet and the Air Force One recapitalization effort.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Roubens Andy King

Previous Article
Stocks slip while T-bill yields continue to drop: Weekly Market Recap
  • Invest News

Stocks slip while T-bill yields continue to drop: Weekly Market Recap

  • August 3, 2025
  • Roubens Andy King
Read More
Next Article
David Sacks Says AI Job Loss Fears Overhyped
  • Forex

David Sacks Says AI Job Loss Fears Overhyped

  • August 3, 2025
  • Roubens Andy King
Read More
You May Also Like
Walmart+ adds Peacock to streaming offerings to better compete with Amazon Prime
Read More
  • Business

Walmart+ adds Peacock to streaming offerings to better compete with Amazon Prime

  • Roubens Andy King
  • September 3, 2025
Weak pound and yen shore up dollar, bonds and payrolls in focus
Read More
  • Business

Weak pound and yen shore up dollar, bonds and payrolls in focus

  • Roubens Andy King
  • September 3, 2025
Salesforce CEO Marc Benioff says he cut 4,000 support roles because of AI
Read More
  • Business

Salesforce CEO Marc Benioff says he cut 4,000 support roles because of AI

  • Roubens Andy King
  • September 2, 2025
Let’s Break Down What You Need to Be Watching This Week
Read More
  • Business

Let’s Break Down What You Need to Be Watching This Week

  • Roubens Andy King
  • September 2, 2025
Google won’t be forced to sell its Chrome browser, judge rules
Read More
  • Business

Google won’t be forced to sell its Chrome browser, judge rules

  • Roubens Andy King
  • September 2, 2025
Gold price hits record high as investors seek safe haven | Gold
Read More
  • Business

Gold price hits record high as investors seek safe haven | Gold

  • Roubens Andy King
  • September 2, 2025
How Is Chevron’s Stock Performance Compared to Other Oil & Gas Exploration & Production Stocks?
Read More
  • Business

How Is Chevron’s Stock Performance Compared to Other Oil & Gas Exploration & Production Stocks?

  • Roubens Andy King
  • September 2, 2025
Bunker Hill tower One California Plaza goes into receivership
Read More
  • Business

Bunker Hill tower One California Plaza goes into receivership

  • Roubens Andy King
  • September 2, 2025

Recent Posts

  • When you receive your SALARY, DO THIS and GET RICH in 3 MONTHS – Robert Kiyosaki.
  • If I Started Investing in 2025, This Is What I Would Do
  • AI Adoption Set to Reshape Healthcare, Finance, Logistics | World Business Watch | WION
  • Master Investing with This Game-Changing Strategy! #shorts #finance
  • Federal Reserve Board – Federal Reserve Board issues enforcement actions with former employee of Ally Bank and former employee of Regions Bank
Featured Posts
  • When you receive your SALARY, DO THIS and GET RICH in 3 MONTHS  – Robert Kiyosaki. 1
    When you receive your SALARY, DO THIS and GET RICH in 3 MONTHS – Robert Kiyosaki.
    • March 23, 2026
  • If I Started Investing in 2025, This Is What I Would Do 2
    If I Started Investing in 2025, This Is What I Would Do
    • March 22, 2026
  • AI Adoption Set to Reshape Healthcare, Finance, Logistics | World Business Watch | WION 3
    AI Adoption Set to Reshape Healthcare, Finance, Logistics | World Business Watch | WION
    • March 21, 2026
  • Master Investing with This Game-Changing Strategy! #shorts #finance 4
    Master Investing with This Game-Changing Strategy! #shorts #finance
    • March 20, 2026
  • Federal Reserve Board – Federal Reserve Board issues enforcement actions with former employee of Ally Bank and former employee of Regions Bank 5
    Federal Reserve Board – Federal Reserve Board issues enforcement actions with former employee of Ally Bank and former employee of Regions Bank
    • March 20, 2026
Recent Posts
  • Between Truth and Turmoil: Dakota Mortensen Reacts to Taylor Frankie Paul’s Abuse Allegations
    Between Truth and Turmoil: Dakota Mortensen Reacts to Taylor Frankie Paul’s Abuse Allegations
    • March 20, 2026
  • Mohnish Pabrai: FASTEST Way To Financial Freedom! Proven Playbook For Quitting Your 9-5 In 9 Months!
    Mohnish Pabrai: FASTEST Way To Financial Freedom! Proven Playbook For Quitting Your 9-5 In 9 Months!
    • March 19, 2026
  • Federal Reserve Board – Agencies request comment on proposals to modernize the regulatory capital framework and maintain the strength of the banking system
    Federal Reserve Board – Agencies request comment on proposals to modernize the regulatory capital framework and maintain the strength of the banking system
    • March 19, 2026
Categories
  • Business (2,057)
  • Crypto (2,023)
  • Economy (235)
  • Finance Expert (1,687)
  • Forex (2,016)
  • Invest News (2,449)
  • Investing (2,040)
  • Tech (2,056)
  • Trading (2,024)
  • Uncategorized (2)
  • Videos (1,009)

Subscribe

Subscribe now to our newsletter

Money Visa
  • Privacy Policy
  • DMCA
  • Terms of Use
Money & Invest Advices

Input your search keywords and press Enter.