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Boeing (NYSE: BA) has launched a new program to help its suppliers -- in return for a little favor from them. The aerospace giant's offering to work closely with the companies that supply parts ...
In late October, Reuters first revealed a decision by the supplier to temporarily furlough 700 employees, who produce parts for Boeing's 767 and 777 jets, due to space constraints.
Boeing's vast global network of suppliers that produce parts from sprawling modern factories to tiny garage workshops was already stressed by the company's quality and safety crisis, which began ...
Boeing Defense, Space & Security (BDS) is a division of The Boeing Company based in Arlington, Virginia, near Washington, D.C. The division builds military airplanes , rotorcraft , and missiles , as well as space systems for both commercial and military customers, including satellites , spacecraft , and rockets .
Boeing Global Services (BGS) is a division of The Boeing Company. It provides aftermarket support, such as maintenance and upgrades, to customers who purchase equipment from the company's other divisions, Boeing Commercial Airplanes and Boeing Defense, Space & Security , or other manufacturers.
This was the longest strike against Boeing by this union since 1995, and the fourth in twenty years. The strike cost the union members an average of $7,000 in base pay and cost the company $100 million per day in revenue and penalties with a postponement of the delivery of aircraft. Boeing has a $350 billion backlog. [7]
By late October, the strike was estimated to have cost Boeing, its workers, and suppliers nearly $10 billion in lost wages, earnings, and supplier losses, according to Anderson Economic Group.
A strike by about 33,000 Boeing workers in the Pacific Northwest that started Sept. 13 halted production of those planes and Boeing 737 Max jets. Boeing faces a new FAA review as a key supplier ...