Boeing Defense reports ‘immaterial’ financial impact in Q3 from machinist strike
Despite good performance during the quarter, Boeing announced a new $149 million loss on the KC-46 tanker due to ripple effects on the commercial 777X jet program.
Despite good performance during the quarter, Boeing announced a new $149 million loss on the KC-46 tanker due to ripple effects on the commercial 777X jet program.
“We've had our first hiring event. We've received hundreds of qualified applicants. We're working through that now,” said Dan Gillian, Boeing's vice president of its air dominance portfolio.
The strike is the first for Boeing's workforce in St. Louis, Mo., since 1996.
Members of the International Association of Machinists and Aerospace Workers (IAM), which represents about 33,000 Boeing workers mostly in Washington state and Oregon, voted in a 59 percent majority to end the strike and will return to work on Nov. 6.
The strike stops production of Boeing’s 737, 767 and 777 jetliners in the Seattle region as well as military derivatives of those aircraft, which include the 737-based P-8 Poseidon maritime aircraft and the 767-based KC-46 tanker.