Boeing’s ongoing strike in St. Louis continues, and even with the possibility of bringing in permanent replacement workers, the situation remains unresolved. Unfortunately, the recent four-hour mediation session with federal officials didn’t yield much, leading the union to dismiss it as “a waste of time.” This hasn’t done any favors for Boeing’s stock, which saw a slight dip during Wednesday’s trading.
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The session on Tuesday was deemed unsuccessful by Tom Boring, the District President of the International Mechanics and Aerospace Workers Association. He emphasized how the meeting turned out to be unproductive. “It was, basically, a waste of time. We suggested several alternative routes for a solution, but they seem preoccupied with saving face,” he explained.
During the talks, it appears that discussions only lasted “a few minutes” between the parties before they split into separate rooms. Federal mediator Glenn Reid was tasked with shuttling messages back and forth. “We would like to explore minor adjustments within the existing offer, although the overall economics remain unchanged, as this is the most generous offer for this unit,” Reid stated.
3D Printed Solar Array Board
In a move that seems quite new for Boeing, the company is venturing into 3D printed solar array boards—tools that support power generation. It’s reported that these might shorten production timelines by up to six months. The system has completed engineering tests and is now moving through standard qualification checks.
This innovative board is designed for various applications, from small satellites to Boeing 702 grade spacecraft. The initial cells will include Spectrolab solar cells, part of the Millennium Space Systems Program. There’s a projection that Boeing could enter the market with this technology sometime in 2026, according to internal memos.
Should You Buy Boeing Stock Now?
Looking at Wall Street, analysts show a strong consensus recommending Boeing (BA) stocks, with 18 buy ratings and just one hold in the last three months. Despite a significant rise of 42.27% in the stock price over the past year, the price target for BA is set at $261.72 per share, suggesting a potential upside of about 15.68%.
For more analyst ratings on BA, refer to the resources available.
