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Boeing Union Reaches Tentative Deal
12 Sep
Summary
- Boeing and its engineering union reached a tentative contract agreement.
- The new four-year offer includes higher wage increases than the previous one.
- Union members had overwhelmingly rejected the initial contract offer.
A tentative contract agreement has been reached between Boeing and its engineering union, the Society of Professional Engineering Employees in Aerospace (SPEEA). Union officials announced the agreement on Friday, September 11th.
The proposed four-year contract includes improved terms, specifically higher general wage increases than a prior offer. This updated proposal comes after SPEEA members overwhelmingly rejected the initial contract in a vote held on August 21st.
The tentative agreement is expected to pave the way for resolving ongoing labor negotiations between the aerospace giant and its engineers.