The machinists’ union negotiating committee recommends that union members vote in favor of Textron’s final offer.
Ratings firms are warning that a prolonged work stoppage could sink the jet maker’s debt into junk status.
Boeing's CFO said the strike will affect a facility working on the KC-46 and increase the program's cost pressures.
Boeing is furloughing tens of thousands of workers amid a major machinist strike. Last week, 96% of the 33,000 Boeing machinists voted to reject a new contract and instead strike. Though ...
In a memo to employees on Monday, Boeing CFO Brian West outlined the steps that the company is taking to cut costs during a ...