- Note it is estimated that a full strike could cost Boeing approx $3B/month
- Final vote on these discussions is expected on Sept 3
- Boeing says this final offer is 21% higher than the offer it made on Aug 26.
- Contract offer involves 27K workers

Other headlines for [BA]

• BA Yesterday 06:19pm
  Boeing Co WSJ: Considering delaying initial deliveries of 787 Dreamliner by at least six months- The reason for the delay would be to account for the recent strike by the company's machinists union as well as more...
  
• EAD.FR Yesterday 09:36am
  European Aeronautic Defence & Space Co. Airbus CEO: Positioned well to deliver financing for A350 model- Reviewing all options for financing of project - Attempting to deliver A400M, have not formulated schedule for end delivery yet
  
• EAD.FR Yesterday 04:02am
  European Aeronautic Defence & Space Co. Turkish TUSAS agrees to $500M parts contract- European planemaker Airbusand Turkish company Tusas are to sign on Thursday a $500M agreement for Tusas to produce parts for the A350, the companies more...
  
• LMT 12/2/2008 04:17pm
  Lockheed Martin Corp Wins $1.09B contract from NASA and NOAA for weather satellites- The basic contract is for two spacecraft. Two options each provide for one additional spacecraft. The total estimated value of the more...
  
• BA 12/2/2008 01:46am
  Boeing Co Update: Boeing engineers agree to new labor contracts - WSJ- Agree to four-year contract with management. - Approved pact by 79% margin.
  

Industrials sector headlines

• CMI Today 08:02am
  Cummins Inc To cut at least 500 jobs (about 3.5% of workforce); cites global slowdown- Reduction by end of the year; cites deterioration in US economy and many other key markets - Decided to offer voluntary more...
  
• SON Today 08:00am
  Sonoco Products Co Cuts FY08 EPS guidance to $2.23-2.27 v $2.36e ($2.36-2.40 prior)
  
• BNI Today 07:45am
  Burlington Northern Santa Fe Corp CEO: Bulk business is doing well y/y, consumer goods business down 5-8% y/y - CNBC interview
  
• B5A.GE Today 06:39am
  Bauer AG CEO: Orders cancelled due to credit crunch, decline will not be "dramatic" - conf call- Believes 2009 profit will fall on machinery, building slump. - Does not expect major acquisitions next year.
  
• BKR Today 06:19am
  Michael Baker Corp UPDATE: Janney Initiates BKR with Neutral