UPDATE
In Everett and elsewhere, 64% of workers voted against the proposal Wednesday.
In regulatory filings, the company said it could raise as much as $25 billion by selling debt or stock over the next three years.
Boeing’s shares fell 1.34% on Monday, the first trading session since layoffs of 17,000 workers were announced.
Sens. Elizabeth Warren and Richard Blumenthal criticized the Justice Department on Thursday for not doing enough.
Amid the ongoing Machinists strike, Boeing remains under intense FAA scrutiny over the fuselage blowout in January.
Negotiations between the IAM District 751 union and Boeing are always tense. This time though, the stakes are particularly high.
Leaders of the union have been holed up with Boeing officials hammering out an agreement to replace a contract expiring Sept. 12.
The aerospace company will use federal grant to advance technology at new facility. Statewide, aviation projects received $38M.
Last week’s NTSB hearings showed the company’s production problems persisted for years despite several warning signs.
As part of the deal, the company agreed to pay a fine of nearly half a billion dollars and strengthen its safety programs.
The Justice Department told victims’ families that it would propose a nearly $244 million fine and three years of company oversight to settle a fraud charge.
The National Transportation Safety Board said Boeing had improperly released information about the blowout of a panel on an Alaska Airlines flight.
The claims were detailed in a Boeing inspector’s complaint on June 11 and made public by a Senate subcommittee on Tuesday.
Update
Before the Tuesday hearing, a congressional subcommittee accused Boeing of mismanaging parts and cutting quality inspections.
The material, purchased from a little-known Chinese company, was sold with falsified documents and used in parts that went into jets.
The issue affects jets built in South Carolina that have yet to be delivered, the company said in a statement.
As Boeing faces increased competition from Airbus, the company is expected to appoint a new CEO by the end of the year.
