01:14 PM EDT, 06/20/2025 (MT Newswires) -- (Updates with Boeing ( BA ) comment in the last paragraph.)

Boeing's ( BA ) Boeing Defense has begun non-economic contract negotiations with the union representing about 3,200 members across facilities in St. Louis and St. Charles, Missouri, and Mascoutah, Illinois, the IAM Union said Friday.

District 837 members play a "critical" role in building key defense platforms, including the F-15 and F/A-18 fighter jets, the T-7A Red Hawk trainer, the union said. The current agreement expires July 27, with a contract vote scheduled for the same day, the union said.

"We're committed to reaching a new deal that recognizes the contributions of our employees and keeps us moving forward," Dan Gillian, Air Dominance division vice president and general manager, and senior St. Louis site executive, said in an emailed statement to MT Newswires. "We look forward to our conversations with the union over the coming weeks."

Price: 199.25, Change: +1.57, Percent Change: +0.79