Boeing Machinists Vote for Strike Amid Contract Dispute

Machinists at Boeing voted overwhelmingly to go on strike after rejecting a contract proposal that failed to meet their demands for significant wage increases and restored pensions. The strike will halt production of key aircraft models, posing a challenge for Boeing's new CEO Kelly Ortberg amid ongoing financial struggles.

Boeing's machinists have voted to strike, rejecting a proposed contract and halting production of key aircraft models.

Amid ongoing financial woes and a battered reputation, this walkout poses a significant challenge for new CEO Kelly Ortberg, who recently took over to revive the company's fortunes.

The strike vote saw 94.6% of workers rejecting the contract, which included a 25% pay raise over four years, and was a rebuke to union negotiators who had recommended approval.

(With inputs from agencies.)