Boeing faces a pivotal moment as over 32,000 striking machinists vote on a new contract proposal that includes significant raises and bonuses, following a five-week work stoppage costing the company $1 billion monthly. New CEO Kelly Ortberg is expected to outline a restructuring plan during his first earnings call, as the company grapples with substantial financial losses and aims to regain trust after recent safety issues. The aerospace industry is urging President Biden to help resolve the strike, highlighting its widespread impact on suppliers nationwide.
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