- In a closely watched vote, Boeing's (BA) machinist union rejects a labor contract extension aimed at keeping 777X production in Washington State for the next two decades.
- The union voted 67% against the deal, which they said would have cut pension and healthcare benefits.
- For its part, BA is "very disappointed" and says it now has "no choice but to open the process competitively and pursue all options for the 777X."
- Still, some analysts expect BA to negotiate with the union given the advantages of keeping 777X work in the Puget Sound region.
- For more on the union and BA's next-gen 777, see here.