Boeing St. Louis machinists reject contract, propose shorter deal with higher bonuses during strike involving 3,200 workers building military aircraft.

Boeing (BA) posted a third quarter revenue beat and an improving cash-flow burn rate before the bell on Wednesday, as CEO Kelly Ortberg's turnaround of the troubled aviation giant rolled on.  The planemaker reported Q3 revenue of $23.

The vote could end the strike at the company’s St. Louis-area plants, now in its twelfth week. However, union-represented workers will be voting on a proposal that IAM District 837’s bargaining committee said it does not endorse.

After months on the picket line, roughly 3,200 machinists with IAM District 837 cast ballots Sunday morning on Boeing’s latest five-year contract offer. By early afternoon, union leaders confirmed