The St. Louis strike for aerospace stock Boeing (BA) is still going on, even as Boeing looks to bring in permanent replacement workers for the strikers. And a recent four-hour session with a federal mediator proved to be less than productive as well, with the union declaring it a “…waste of time.” This did little good for Boeing shares, as those shares fell modestly in Wednesday afternoon’s trading.
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The Tuesday session proved a bust, as International Association of Machinists and Aerospace Workers District 837 President and directing business representative Tom Boelling noted. Boelling further elaborated, “Basically, it was a waste of time. We gave (Boeing) some other avenues to go to resolve this to where they could save face because they’re all worried about that.”
Boeing, for its part, reportedly noted that the two sides engaged in some conversation for “a few minutes” and then moved off to separate rooms. Federal mediator Glen Reed then got to play messenger for the session, going back and forth between the two rooms. Dan Gillian, Boeing Air Dominance vice president, noted, “I’m willing to consider making minor adjustments within the framework of our offer, but the overall economics won’t change because our offer is the richest we’ve ever made to this unit.”
3D-Printed Solar Array Substrates
Meanwhile, Boeing got into a field that is largely unfamiliar to it: 3D-printed solar array substrates. These tools help provide power generation capabilities, and with them, Boeing can cut the composite build time by as much as six months, reports note. The systems have completed engineering testing, and are currently working their way through the standard qualification path.
The new substrates can scale up from small satellites all the way up to Boeing 702-grade spacecraft. The first cells will be part of Spectrolab solar cells, part of the Millennium Space Systems plan. Boeing looks to have them available for the market sometime in 2026, reports note.
Is Boeing a Good Stock to Buy Right Now?
Turning to Wall Street, analysts have a Strong Buy consensus rating on BA stock based on 18 Buys and one Hold assigned in the past three months, as indicated by the graphic below. After a 42.27% rally in its share price over the past year, the average BA price target of $261.72 per share implies 15.68% upside potential.
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