Core Points - Striking workers at Boeing Defense in St. Louis rejected the latest contract proposal, extending the strike into its 13th week, which has already delayed the delivery of fighter jets and other programs [1] - Union leadership criticized Boeing for not addressing the needs of approximately 3,200 members, indicating a disconnect between employee expectations and corporate responses [1][2] Contract Proposal Details - Boeing's latest five-year offer was similar to previous proposals that had been rejected, featuring a reduced ratification bonus but including $3,000 in shares vesting over three years and a $1,000 retention bonus after four years [5] - The company improved wage growth for top-paid workers in the fourth year but made trade-offs, including reduced hourly wage increases tied to attendance and certain shift work [6] - Union leaders are advocating for higher retirement contributions and a ratification bonus closer to the $12,000 given to union members in the previous year's strike [6][8] Company Performance and Financial Outlook - Boeing is expected to report another unprofitable quarter, with analysts anticipating a multi-billion dollar charge related to the 777X program, which is significantly delayed and not yet certified [7] - The IAM estimates that their proposed contract would add about $50 million to the agreement's cost over four years compared to Boeing's rejected offer [8] Labor Relations and Impact of Strike - Union officials have filed an unfair labor practice charge against Boeing, accusing the company of bargaining in bad faith [9] - Striking workers are currently relying on $300 weekly strike benefits, second jobs, and personal budget adjustments, as their health insurance coverage ended on August 30 [10] - The strike has notably delayed deliveries of F-15EX fighters to the US Air Force, as stated by military officials [11][12]