Boeing Stock Holds Steady Amid Midwest Strike Ahead of Q3 Earnings
Boeing shares edged higher to $222.43, showing mild intraday volatility as investors remain cautiously optimistic ahead of the company's Q3 2025 earnings report. The aerospace giant faces headwinds from a prolonged strike by 3,200 machinists in its Midwest defense plants, who rejected Boeing's latest five-year contract offer.
The labor dispute centers on demands for higher retirement contributions and wage adjustments. With Boeing's Defense, Space & Security division accounting for over one-third of total revenue, the strike's continuation threatens to disrupt critical military aircraft and weapons production lines.
Market participants appear to be pricing in limited earnings impact despite the operational challenges. The stock's steady upward momentum suggests confidence in Boeing's ability to navigate the labor dispute while maintaining its defense sector commitments.
