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Boeing Defense workers reject five-year offer

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Strike at Boeing's ( BA ) St. Louis-area facilities enters 13th

week

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Boeing ( BA ) has missed fighter jet deliveries due to strike

By Dan Catchpole

Oct 26 (Reuters) - Striking workers at Boeing Defense

in the St. Louis area rejected the company's latest

contract proposal on Sunday, sending a strike that has already

delayed delivery of fighter jets and other programs into its

13th week.

In a statement after the vote, union leadership said the

company had failed to address the needs of the roughly 3,200

members of the International Association of Machinists and

Aerospace Workers (IAM) District 837.

The five-year offer was largely the same as ones previously

rejected by union members. Boeing ( BA ) leadership has said repeatedly

during the strike that the company will not significantly

improve its offer.

In September, IAM members approved the union's proposed

four-year contract. However, Boeing ( BA ) management has refused to

consider the offer.

The IAM estimates that its offer would add about $50 million

over the agreement's duration. Boeing ( BA ) CEO Kelly Ortberg is set

to earn $22 million this year.