Boeing's Bullying Could Backfire

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For weeks on end, Boeing (NYSE: BA  ) sat behind closed doors with its SPEEA engineers union, ostensibly negotiating a new collective employment contract, but actually getting ... exactly nowhere.

Now the specter of a crippling labor strike looms large -- a strike that could cost Boeing $250 million a day in lost sales, deny Boeing employees their wages, and hold up production at scores of Boeing suppliers across the country and throughout the economy, including heavyweights such as General Electric (NYSE: GE  ) , Honeywell (NYSE: HON  ) , and Spirit AeroSystems (NYSE: SPR  ) . Is there any hope for the parties to come to agreement, and avoid a crippling labor strike?

Fool contributor Rich Smith reached out to the warring parties to find out just that. Watch the video, and find out what's really at stake in these negotiations.

With great opportunity comes great responsibility. For Boeing, which operates as a major player in a multitrillion-dollar market, the opportunity is absolutely massive. However, the company's execution problems and emerging competitors have investors wondering whether Boeing will live up to its shareholder responsibilities. In this premium research report, two of the Fool's best industrial industry minds have collaborated to provide investors with the key must-know issues around Boeing. They'll be updating the report as key news hits, so make sure to claim a copy today by clicking here now.

Read/Post Comments (3) | Recommend This Article (1)

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  • Report this Comment On December 21, 2012, at 8:21 PM, busterbuddy wrote:

    Boeing management wants to end defined pension plans for unions as it is doing not non union Engineers. And it wants to stop paying for Healthcare as much as possible. Unions want defined pension and good insurance. If Boeing can afford to pay someone like Mullenberg, who provides little value to the company, in my opinion. Then it can afford to continue the present contracts.

  • Report this Comment On December 21, 2012, at 8:23 PM, busterbuddy wrote:

    One thing on the unions side is AIRBUS will start designing and building plans in USA. That will change the equation. Boeing management has little competition in the market place so they do as their ego's please. With movement by Airbus that will change. And it will better for America and airline industry in General. Way to much overhead at Boeing Corporate in Chicago and Seattle.

  • Report this Comment On January 08, 2013, at 2:06 PM, angela1207 wrote:

    Bullying is a very serious matter when it comes to securing the emotional and mental stability of a child. Children who are victims of bullying can be traumatized their whole life. Let's help to protect them. I'm glad I heard about this app. They protect kids by locating them through their GPS location whenever they are in trouble and kids could also press a panic button if they need help at anytime and anywhere. It's a good mobile device from SafeKidZone. Try to goggle it this may help

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