By Chris Isidore, CNN New York (CNN) — One of the most painful issues dividing labor and management in the strike at Boeing is the loss of the traditional pension plan for union members in 2014. The dispute has echoes of past labor…
More than 30,000 Boeing machinists walked off the job Sept. 13. At a local union office outside Seattle, they prepared for what may be a lengthy strike.
RENTON, Wash. — Cash-strapped Boeing is facing mounting costs from an ongoing machinist strike as workers push for higher pay. A failure to get a deal done could be even more expensive.
Around Boeing Co.'s vast aircraft manufacturing hub in Seattle, the great belt tightening has begun as the plane-maker and its factory workers settle in for a labor dispute that will test the resolve of both sides.
In a notable development, Ted Colbert, the head of Boeing’s defense, space, and security division, is departing from the company after a tenure of 15 years. This news was communicated to staff by CEO Kelly Ortberg in a memo released on…
Boeing said today the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new CEO Kelly Ortberg.
Boeing's defense, space and security unit, one of its three main businesses, has lost billions of dollars in 2023 and 2022, which executives attributed in large part to cost overruns on fixed-price contracts.
ARLINGTON, Va. (AP) — Boeing is replacing the head of its defense and space business. That the unit that has been saddled with money-losing government contracts and embarrassing failures by its Starliner space capsule. Boeing said Friday…
Boeing Co. said that Ted Colbert — its head of defense, space and security — would leave the company on Friday, as the beleaguered aviation giant’s new chief executive aims for big changes following a string of safety concerns and a deep…