financetom
Business
financetom
/
Business
/
Boeing, striking union to resume contract talks on Monday with federal mediator
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Boeing, striking union to resume contract talks on Monday with federal mediator
Oct 17, 2025 2:23 PM

(Reuters) -A union representing more than 3,200 striking Boeing workers who assemble fighter jets and munitions said on Friday it and the company had agreed to resume contract discussions with help from a federal mediator next week.

The announcement came one day after the union filed an unfair labor practice charge with the National Labor Relations Board, accusing the company of not negotiating in good faith. 

The 75-day-long strike has delayed deliveries of F-15EX fighters to the U.S. Air Force, General Kenneth Wilsbach told the Senate Armed Services Committee in comments submitted for his October 9 hearing on his nomination as the Air Force's chief of staff.

AIR FORCE OPERATIONS AFFECTED

The delayed F-15 deliveries "will impact" operations at the USAF's Portland Air National Guard Base, and delay the modernized fighter's first deployment overseas next year, he said in written comments.

Members of the International Association of Machinists and Aerospace Workers (IAM) District 837 went on strike on August 4, after rejecting Boeing's second four-year contract proposal. The members work at Boeing Defense facilities in the St. Louis area.

In September, they rejected a third offer with few differences from the previous offer. 

Boeing management has said the aerospace company will not significantly improve its offer, and rejected a contract proposed by IAM leadership and overwhelmingly approved by union members. Instead, the company has expanded its plans to hire replacement workers.

IAM officials and members previously told Reuters they think Boeing is bluffing, noting the necessary training and security clearances for new workers take as long as six months to get.

The planemaker's stance on negotiations has drawn criticism from some senators, including Democrat Ed Markey and Republican Josh Hawley, who, along with Senator Bernie Sanders of Vermont, slammed the company during a committee hearing earlier this month.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BMO on Algoma Steel Q4 Guidance
BMO on Algoma Steel Q4 Guidance
Jan 3, 2025
12:32 PM EST, 01/03/2025 (MT Newswires) -- Algoma provided fourth-quarter adjusted EBITDA guidance in the range of -C$65 million to -C$55 million, vs. BMO/consensus estimates of -C$25 million/-C$6 million. Versus our estimate the miss can mainly be attributed to higher costs in our opinion (somewhat transitory), writes analyst Katja Jancic. She notes that EAF cold commissioning has begun and despite...
Update: Booz Allen Hamilton to Pay $15.9 Million to Settle Alleged False Claims Act Violations
Update: Booz Allen Hamilton to Pay $15.9 Million to Settle Alleged False Claims Act Violations
Jan 3, 2025
12:32 PM EST, 01/03/2025 (MT Newswires) -- (Updates with additional detail, Booz Allen Hamilton's ( BAH ) response and the stock move starting in the second paragraph.) Booz Allen Hamilton Holding ( BAH ) has agreed to pay about $15.9 million to the US government to resolve allegations that its Booz Allen Hamilton Engineering Services unit violated the False Claims...
Toyota 2024 US Sales Surge 3.7%, Hits Milestone With Over A Million Electrified Vehicles Sold
Toyota 2024 US Sales Surge 3.7%, Hits Milestone With Over A Million Electrified Vehicles Sold
Jan 3, 2025
Toyota Motor Corporation ( TM ) shares are trading slightly higher on Friday. The firm has announced a successful 2024, with a total of 2.33 million vehicles sold, marking an increase of 3.7% on a volume basis and an increase of 3.1% on a DSR basis compared to 2023. TMNA’s 2024 electrified vehicle sales of 1.006 million were up 53.1%, representing 43.1% of the total sales...
US STOCKS-Wall St advances on tech boost, policy changes in focus
US STOCKS-Wall St advances on tech boost, policy changes in focus
Jan 3, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * U.S. Steel drops after Biden halts Nippon Steel's ( NISTF ) takeover plan * Liquor stocks fall after US surgeon general's warning * Manufacturing PMI rises to nine-month high in Dec * Indexes up: Dow 0.62%, S&P 500 1.08%,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved