Boeing also racked up a roughly $908 million charge on the Air Force’s T-7 Red Hawk trainer, which was driven by expected higher costs on production contracts beginning in 2026. The Commercial Crew space capsule program had a $250 million charge, and the Navy’s MQ-25 Stingray program had a $217 million charge, its first of the year.

Striking Boeing workers have voted to reject a new offer from the aviation giant, which included a 35% pay rise over four years. The International Association of Machinists Aerospace Workers (IAM) union said 64% of its striking members voted against the proposed deal.