Boeing Defense Workers Just Went on Strike. Should Investors Be Concerned?
Boeing's defense business has taken on greater importance as the company struggles with commercial airplane production. More than 3,200 Boeing (BA 0.08%) workers at the company's St. Louis-area defense factories went on strike Monday after the International Association of Machinists and Aerospace Workers (the IAM Union) rejected a modified contract offer from the company. The IAM Union members help build and maintain military aircraft and defense systems, including the F-15EX fighter jet and the MQ-25 Sting ...