Boeing CEO says defense business can weather looming worker strike
Boeing CEO Kelly Ortberg said Tuesday he’s not worried about the impact of an impending strike that would include 3,200 union workers that produce fighter aircraft and munitions at factories in Missouri and Illinois.
The threat of a strike follows the employees’ rejection Sunday of Boeing’s most recent contract proposal. The International Machinists and Aerospace Workers Union said in statement a strike could begin Aug. 4 if the parties don’t reach a deal before the end of a weeklong cooling off period.
Ortberg noted during the company’s second quarter earnings call that the scope of the potential strike — which includes mechanics in plants in St. Louis and St. Charles, Missouri — would be much smaller than that of the 30,000-worker strike last fall.
During that strike, the company took a $661 million charge on its KC-46 tanker development contract with the U.S. Air Force, in part due to work stoppages on the Air Force’s KC-46 tanker.
“We’ll..