Boeing’s second strike in a year begins as 3,200 fighter jet workers walk off the job
Less than a year after narrowly securing a deal to end a two-month strike by 33,000 machinists, Boeing finds itself with another strike on its hands.
About 3,200 members of the International Association of Machinists and Aerospace Workers who assemble military aircraft like the F-15 for Boeing went on strike early Monday, following a mandatory seven-day “cooling off” period.
The plane maker’s defense division represents about a third of its revenue.
Boeing’s defense workers last went on strike nearly 30 years ago, when they walked off the job for 99 days in 1996. Boeing’s machinist strike, which ended in November, took seven weeks to resolve and played a sizable role in a $6 billion quarterly loss for Boeing. The company has since been focused on a turnaround, closing its delivery gap with Airbus, and “restoring trust.”
Boeing shares ticked down in premarket trading on Monday morning.
