Since the strike began, Boeing has continued to back itself into a corner.
The company keeps saying it will not change the âeconomic parametersâ of its offer. Thatâs not strength and thatâs not bargaining â thatâs stubbornness. And itâs a strategy thatâs failing fast.
To put this in perspective, we estimate that the difference in added costs between the unionâs latest proposal â which Boeing summarily rejected without even offering a counter â is approximately $8 million more over four years when compared to the first four years of the companyâs latest five-year offer.
Every day this strike continues, Boeing moves further away from meeting its obligations to our military and our allies, to its investors, and to taxpayers â all over $8 million spread across four years. At the same time, this company has handed out $100 million in golden parachutes to failed CEOs, reported $23 billion in third-quarter revenue, and sits on a $76 billion defense backlog.
Itâs clear that the company is simply doing this to try to break you â and to break your union. Itâs not going to work. And it shouldnât be acceptable to anyone who counts on Boeing that theyâre putting ego over military production and national security.
Boeing canât spin or stall its way out of this. The only path forward is to sit down and negotiate with the skilled, experienced workforce that actually builds these aircraft and keeps our national defense strong.
Your IAM District 837 Bargaining Committee remains ready to reach a fair and realistic agreement â one that respects your value, restores dignity on the shop floor, and gets our members back to doing the work that only you can do.
Stay strong. Stay united. Boeing chose this fight â and only bargaining in good faith will end it.