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Boeing workers who build fighter jets are planning to go on strike on Monday at midnight Central Standard Time. About 3,200 workers at Boeing facilities in St Louis, St Charles, Missouri, and Mascoutah, Illinois, voted to reject a modified four-year labour agreement with Boeing, the International Association of Machinists and Aerospace Workers union said on Sunday. "IAM District 837 members build the aircraft and defence systems that keep our country safe," said Sam Cicinelli, Midwest territory general vice president for the union, in a statement. "They deserve nothing less than a contract that keeps their families secure and recognises their unmatched expertise." The vote followed members' rejection last week of an earlier proposal from the troubled aerospace giant, which had included a 20 per cent wage increase over four years. At the time, union leaders had recommended approving the offer, calling it a "landmark agreement" and saying the offer would improve medical, pension and
Boeing CEO David Calhoun received compensation valued at $33 million last year, nearly all of it in stock awards, but his stock payout for this year will be cut by nearly one-fourth because of the drop in Boeing's share price since the January blowout of a panel on one of its planes in midflight. The company said Friday that after the accident on the Alaska Airlines Boeing 737 Max, Calhoun declined a bonus for 2023 that was targeted at nearly $3 million. Calhoun announced this month that he will step down at the end of the year as Boeing deals with multiple investigations into the quality and safety of its manufacturing. The company said in a regulatory filing that Calhoun got a salary of $1.4 million last year and stock awards valued at $30.2 million. Including other items, his compensation totalled $32.8 million, up from $22.6 million in 2022. Boeing stock has dropped since Jan 5, when a door-plug panel blew off an Alaska Airlines Max jetliner flying 16,000 (4,800 metres) feet ab
The US military's X-37B space plane blasted off Thursday on another secretive mission that is expected to last at least a couple of years. Like previous missions, the reusable plane resembling a mini space shuttle carried classified experiments. There's no one on board. The space plane took off aboard SpaceX's Falcon Heavy rocket from NASA's Kennedy Space Center at night, more than two weeks late because of technical issues. It marked the seventh flight of an X-37B, which has logged more than 10 years in orbit since its debut in 2010. The last flight, the longest one yet, lasted 2 1/2 years before ending on a runway at Kennedy a year ago. Space Force officials would not say how long this orbital test vehicle would remain aloft or what's on board other than a NASA experiment to gauge the effects of radiation on materials. Built by Boeing, the X-37B resembles NASA's retired space shuttles. But they're just one-fourth the size at 29 feet (9 metres) long. No astronauts are needed; th